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  "documentTitle": "Huntsman Corporation (HUN)",
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  "presentationDate": "2022-02-28 00:00:00",
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  "notes": "Includes a summary table of average margins over different time periods and a combo chart showing annual performance.",
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      "kind": "callout",
      "text": "Huntsman’s margin deficit versus peers has WORSENED over time",
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      "text": "Historical Adjusted EBITDA Margin - Huntsman vs. Peers",
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      "text": "Adjusted EBITDA margin: ~900bps",
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      "text": "The Company’s profitability has not meaningfully improved since its IPO and continues to trail the profitability of both Performance and Primary Peers.",
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      "text": "See Section 3 for additional detail. Source: Public company filings, presentations, and transcripts.",
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      "text": "The Adjusted EBITDA margin gap between Huntsman and its peers has continued to widen over time.",
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      "text": "We Believe the Company’s Stock Price Underperformance Is Due to Lagging Profitability Versus Peers That Has Worsened Over Time",
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