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  "documentTitle": "Huntsman Corporation (HUN)",
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      "text": "Huntsman’s profit contribution from differentiated businesses looks the same today as it did fifteen years ago.",
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      "text": "Adjusted EBITDA Contribution by Reporting Segment – 2006 vs. 2021",
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      "text": "Fifteen years ago, management declared that it had transformed the portfolio and had become a differentiated chemical company. Today, management is again saying the same thing with the same core reporting segments.",
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      "text": "The latest portfolio restructuring announcement this morning reflects the last in a series of value-creating divestitures which have been consistent with our stated strategy of focusing on a differentiated portfolio...I expect this new company to generate revenue growth at a rate well in excess of global GDP and average EBITDA margins approaching 15%. We will be a strong vibrant $9 billion differentiated chemical company with tens of thousands of different products and formulations.",
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      "text": "\"The latest portfolio restructuring announcement this morning reflects the last in a series of value-creating divestitures which have been consistent with our stated strategy of focusing on a differentiated portfolio...I expect this new company to generate revenue growth at a rate well in excess of global GDP and average EBITDA margins approaching 15%. We will be a strong vibrant $9 billion differentiated chemical company with tens of thousands of different products and formulations.\" — Peter Huntsman, President & CEO, February 2007",
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      "text": "Source: Public company filings, presentations, and transcripts. Note: Quotes are underlined and bolded for emphasis. (1) Pro forma for divestitures of Polymers and Base Chemicals businesses, which were sold or announced as divested in either 2006 or by February 2007.",
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      "text": "Huntsman Claims to Have Transformed the Business, But Its Core Reporting Segments Have Not Changed in 15 Years",
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