SOURCE: Industrial Info Resources

Industrial Info Resources

February 18, 2011 06:40 ET

Huntsman Reports Strong Adjusted Earnings for 2010, Sees Growth Continuing in 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 18, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Global chemicals company Huntsman Corporation (NYSE:HUN) (The Woodlands, Texas) reported a fourth-quarter record in adjusted earnings before interest expenses, income tax, depreciation and amortization ("adjusted EBITDA") and full-year earnings gains in most segments. GAAP net income was reported to be $30 million for the quarter, compared with $66 million in fourth-quarter 2009, and $27 million for the full year, compared with $114 million in 2009.

Industrial Info is tracking 17 active Huntsman projects worldwide that are worth a total of more than $580 million, including the $100 million construction of an ethyleneamines plant in Al Jubayl, Saudi Arabia. For more information, visit Industrial Info's International Chemical Processing Project Database.

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