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  "documentTitle": "Huntsman Corporation (HUN)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2022-02-28 00:00:00",
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  "notes": "The slide uses a waterfall bridge to visualize the 600bps (6%) margin expansion opportunity.",
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      "text": "We believe that Huntsman can improve its Adjusted EBITDA by ~600bps on a run rate basis.",
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      "text": "We believe that Huntsman can improve its Adjusted EBITDA by ~600bps on a run rate basis. We believe there are attractive opportunities to improve commercial execution, reallocate corporate resources, and streamline both manufacturing, supply chain, and other operating expenses.",
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      "text": "Source: Public company filings, Starboard estimates, and analysis from a leading consulting firm engaged in the evaluation of Huntsman's operations and performance. (1) We calculate Adjusted EBITDA to exclude equity in income of unconsolidated affiliates and dividend income from equity investments, and include earnings attributable to non-controlling interests.",
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