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  "documentTitle": "Huntsman Corporation (HUN)",
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  "presentationDate": "2022-03-08 00:00:00",
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  "notes": "The slide uses a combination of a bar chart for Huntsman and line charts for peer averages to highlight the widening performance gap.",
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      "kind": "callout",
      "text": "Huntsman’s margin deficit versus peers has WORSENED over time",
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      "text": "Huntsman Adjusted EBITDA Margin 2005-2021",
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      "text": "The Company’s profitability has not meaningfully improved since its IPO and continues to trail the profitability of both Performance and Primary Peers.",
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      "text": "See Section 3 for additional detail. Source: Public company filings, presentations, and transcripts.",
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      "text": "Historical Adjusted EBITDA Margin – Huntsman vs. Peers",
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      "text": "The Adjusted EBITDA margin gap between Huntsman and its peers has continued to widen over time.",
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      "text": "Huntsman’s Supposed Portfolio Transformation Seems Ineffective, as Margins Have Continued to Deteriorate Relative to Peers",
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