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  "documentTitle": "Huntsman Corporation (HUN)",
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  "presentationDate": "2022-03-02 00:00:00",
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  "notes": "Uses a red dashed oval to highlight the 'organic growth' and 'no M&A' claims as part of an activist campaign to expose broken promises.",
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      "text": "Huntsman promised organic annual Adjusted EBITDA growth of 10% from 2018 – 2020.",
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      "text": "Based only on organic growth; No additional M&A; Current share count – no share repurchases included; Unused cash, including Venator proceeds, used to reduce debt; Effective adj. tax rate of 23%-25%",
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      "text": "At the 2018 Investor Day, Huntsman committed to 10% organic Adjusted EBITDA growth with “no additional M&A” through 2020.",
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      "text": "At the 2018 Investor Day, Huntsman committed to 10% organic Adjusted EBITDA growth with “no additional M&A” through 2020. — Huntsman Corporation",
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      "kind": "source-note",
      "text": "(1) 2017 pro forma adjusted to exclude $125M short-term spike in component MDI pricing and for $50M impact from Hurricane Harvey",
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      "text": "Again, to Be Clear, In 2018 Huntsman Promised Investors Adjusted EBITDA Would Grow 10% Per Year ORGANICALLY",
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