{
  "docId": "019dd923-622c-750b-8b9d-1b44c5356381",
  "docSlug": "40ee9cb99aa1",
  "documentTitle": "Huntsman Corporation (HUN)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-03-02 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 86,
  "pageCount": 90,
  "prevPage": 85,
  "nextPage": 87,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 40,
  "notes": "The slide uses visual callouts (red arrows) to point to specific data points in the charts that support the thesis.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "screenshot",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9d-1b44c5356381/86",
  "deckHref": "/decks/019dd923-622c-750b-8b9d-1b44c5356381",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9d-1b44c5356381.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-1b44c5356381#slide-86",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "callout",
      "text": "The Company has historically made reference to Celanese, Dow, and Eastman as its main comparables.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c64a380d-f68b-4866-a0eb-44031258a6d4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.45,
        "x": 0.52,
        "y": 0.28
      },
      "kind": "image",
      "text": "2016 Investor Day - Presentation Excerpt",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "057294fe-9996-4d42-92b9-c1f3dba50aa3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.45,
        "x": 0.05,
        "y": 0.28
      },
      "kind": "image",
      "text": "2014 Investor Day - Presentation Excerpt",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "141c7ce5-38e6-487a-9df7-4a7727f4a6a5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.25,
        "x": 0.15,
        "y": 0.8
      },
      "kind": "legend",
      "text": "Company highlights Celanese, Dow, and Eastman as being in the same grouping as Huntsman",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "093aca48-d444-4f45-bdd4-3f5c97f87215",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.25,
        "x": 0.6,
        "y": 0.8
      },
      "kind": "legend",
      "text": "Company specifically refers to Celanese, Dow, and Eastman as \"Primary Comps\"",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "904d9ee7-29b5-4cc6-9279-918e6c94d0e7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "Within the Performance Peers, the Company has historically made reference to Celanese, Dow, and Eastman as the most comparable to Huntsman – both the 2014 and 2016 Investor Days showed these three companies as being Huntsman’s primary comparables.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cdf2b0d2-ae25-414f-b09d-b18af30b99df",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Starboard Will Also Make Reference to Primary Peers, a Peer Set Based on the Company’s Own Disclosures",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e162d2bd-4d45-4e92-aba8-a128d4595cd3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "expose_contradiction",
      "slug": null,
      "matchId": "7e33e6d2-3833-417b-b314-952679d30563",
      "evidence": "Uses company's own historical investor day slides to contradict current positioning.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [
    {
      "to": 90,
      "from": 3,
      "name": "Aha Moment",
      "slug": "03-aha-moment",
      "bestFor": "Data-heavy sections, research findings, analytical arguments",
      "matchId": "6400df9c-7000-46ee-ad3c-c2ae51fd8f33",
      "evidence": "The document builds a case against Huntsman's management and governance.",
      "position": 0,
      "objective": "Reveal Huntsman's poor performance and governance",
      "structure": "The Problem/Question -> What the Data Shows -> The Insight",
      "confidence": 0.7,
      "description": "Establish a tension, present data, then deliver the insight that changes everything"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}