By: ICN Bureau
Last updated : November 10, 2025 10:16 am
Adjusted EBITDA fell to $94 million, while free cash flow surged to $157 million
Global chemical producer Huntsman Corporation has reported a third-quarter 2025 net loss of $25 million on revenues of $1.46 billion, primarily due to persistent pricing pressures and soft market conditions -- notwithstanding stronger sales volumes and solid cash generation.
Adjusted EBITDA fell to $94 million, while free cash flow surged to $157 million, according to the financial statement released by the company. The free cash flow surge clearly underscores the management's focus on cost control and capital discipline, as per a release.
Citing ongoing global industry challenges, the company's board has also cut the regular dividend by 65% to 35 cents annually "in order to preserve financial flexibility".
Allaying shareholders' concerns, CEO Peter R. Huntsman said that the dividend reduction was a temporary measure as Huntsman navigates an “extended cyclical trough". "We would anticipate returning to a higher dividend payout as soon as conditions warrant."
He, however, reaffirmed confidence in the company’s restructuring programmes, claiming that it would help deliver over $100 million in savings by the next fiscal.
"As we expected, third quarter fundamentals remained consistent with the first half of the year. Volumes improved compared to the prior year while pricing in some parts of the portfolio remained under pressure," the CEO said.
Highlighting cash generation and cost control as the company's top priorities, he said, "Our current restructuring programs that will likely exceed $100 million in savings, remain on track and are expected to be completed in 2026."
"Additionally, our cash generation over the past year has been strong despite lower levels of profitability, reflecting quick actions taken on working capital and capital expenditure control in an ever-challenging environment," he added.
The CEO attributed the surging sales volumes to growing demand in the Americas and Asia regions. On the other hand, he blamed the decrease in segment adjusted EBITDA to the impacts of lower average selling prices, inventory reductions and "lower equity earnings from our minority-owned joint venture in China".