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  "documentTitle": "Huntsman Corporation (HUN)",
  "authorId": "03_Starboard_Value",
  "authorName": "Jeffrey C. Smith",
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  "documentKindLabel": "Shareholder letter",
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  "presentationDate": "2022-02-10 00:00:00",
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  "notes": "The slide uses a negative bar chart to emphasize the magnitude of the underperformance gap.",
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      "text": "STOCKHOLDERS HAVE SUFFERED FROM LONG-TERM STOCK PRICE UNDERPERFORMANCE",
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      "text": "Relative Stock Price Performance Since Huntsman’s IPO",
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      "text": "relative stock price performance: 575%",
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      "text": "We are incredibly excited by our investment in Huntsman because of the Company’s strong market positions, diverse product portfolios, innovative chemistries, and difficult to replicate manufacturing footprint. We see substantial opportunity for Huntsman to improve profitability and become a best-in-class differentiated chemicals company. Unfortunately, the Company’s historical operating performance has dramatically understated the intrinsic value of the Company’s assets.",
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      "text": "Source: CapitalIQ.(1) Returns are adjusted for dividends and measured from end-of-day February 11, 2005 through end-of-day January 14, 2022. (2) Peer group includes all peers listed under “2020 Performance Peers” on page 54 of the Company’s 2021 Proxy filing with the exception of Covestro, Dow, and Kraton, because all three companies were not publicly-traded for the full measurement period.",
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      "text": "STOCKHOLDERS HAVE SUFFERED FROM LONG-TERM STOCK PRICE UNDERPERFORMANCE",
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      "kind": "title",
      "text": "WE BELIEVE HUNTSMAN IS A GREAT COMPANY WITH GREAT ASSETS THAT DESERVES TO PERFORM BETTER",
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