SOURCE: Industrial Info Resources

Industrial Info Resources

August 18, 2016 07:30 ET

Huntsman Points to Strong MDI Results as It Slashes Capital Spending, Preps for TiO2 Spinoff, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 18, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- At last week's Jefferies 2016 Industrials Conference in New York City, executives from chemicals producer Huntsman Corporation (NYSE:HUN) (The Woodlands, Texas) maintained a positive outlook for the company as they detailed a string of critical changes, including an ongoing reduction in capital expenditures and the spinoff of major businesses. This was reflected in the second quarter's $90 million in capital expenditures, less than half the $189 million recorded for second-quarter 2015. Industrial Info is tracking $803 million in active projects involving Huntsman.

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