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      "text": "Adjusted EBITDA margins for the core business (i.e. ex. TiO2) DECLINED ~110bps between 2015 and 2016",
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      "text": "And if we were a business today that we're separated from our TiO2, we would be going into 2016 saying...2016 will be a record EBITDA margin year in the history of this company. — Peter Huntsman, President & CEO, March 2016",
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      "text": "Source: Public company filings, presentations, and transcripts. (1) Excludes contribution from the Company's Pigments reporting segment, per financial disclosures from the Company's Q2 2017 earnings presentation appendix.",
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