Huntsman CORP
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
HUN$9.50-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
| (a) | Documents filed with this report. |
|---|
| 1. | Consolidated Financial Statements: |
See Index to Consolidated Financial Statements on page F-1
| 2. | Financial Statement Schedules: |
Other than as stated on the Index to Consolidated Financial Statements on page F-1 with respect to Schedule I, financial statement schedules are omitted because they are not required or are not applicable or the required information is shown in the consolidated financial statements or notes thereto.
| 3. | Exhibits: |
The exhibits to this report are listed on the Exhibit Index below.
| (b) | Description of exhibits. |
|---|
EXHIBIT INDEX
| Incorporated by Reference | ||||
|---|---|---|---|---|
| Number | Description | Form | Exhibit | Filing Date |
| 3.1 | Amended and Restated Certificate of Incorporation of Huntsman Corporation | 8-K | 3.1 | April 21, 2023 |
| 3.2 | Seventh Amended and Restated Bylaws of Huntsman Corporation dated as of April 21, 2023 | 8-K | 3.2 | April 21, 2023 |
| 4.1 | Form of stock certificate of Huntsman Corporation | S-1 | 4.68 | February 8, 2005 |
| 4.2 | Indenture, dated as of March 31, 2015, by and among Huntsman International LLC, the guarantors named therein, Citibank, N.A., London Branch, as paying agent, transfer agent, registrar and authenticating agent, and Wilmington Trust, National Association, as trustee | 8-K | 4.1 | April 2, 2015 |
| 4.3 | Form of 4.25% Senior Notes due 2025 (included as Exhibit A to Exhibit 4.2) | 8-K | 4.1 | April 2, 2015 |
| 4.4 | Indenture, dated as of March 13, 2019, by and between Huntsman International LLC and Wilmington Trust, National Association, as trustee. | 8-K | 4.1 | March 13, 2019 |
| 4.5 | First Supplemental Indenture, dated as of March 13, 2019, by and between Huntsman International LLC and Wilmington Trust, National Association, as trustee. | 8-K | 4.2 | March 13, 2019 |
| 4.6 | Form of 4.500% Senior Notes due 2029 (included as Exhibit A to Exhibit 4.5) | 8-K | 4.3 | March 13, 2019 |
| 4.7 | Second Supplemental Indenture, dated as of May 26, 2021, by and between Huntsman International LLC and Wilmington Trust, National Association, as trustee | 8-K | 4.2 | May 26, 2021 |
| 4.8 | Form of 2.950% Senior Notes due 2031 (included as Exhibit A to Exhibit 4.7) | 8-K | 4.3 | May 26, 2021 |
| 4.9 | Description of Securities | 10-K | 4.14 | February 13, 2020 |
| 10.1 | Employment Agreement with Anthony Hankins | S-1/A | 10.27 | January 28, 2005 |
| 10.2 | Form of Indemnification Agreement | S-1/A | 10.25 | February 8, 2005 |
| 10.3 | Amended and Restated Huntsman Supplemental Executive Retirement Plan | 8-K | 10.1 | December 30, 2005 |
| 10.4 | Huntsman Supplemental Executive MPP Plan | 8-K | 10.2 | December 30, 2005 |
| 10.5 | Amended and Restated Huntsman Supplemental Savings Plan | 8-K | 10.3 | December 30, 2005 |
| 10.6 | Huntsman Outside Directors Elective Deferral Plan | 8-K | 10.4 | December 30, 2005 |
| 10.7 | First Amendment to Huntsman Supplemental Executive Retirement Plan | 10-K | 10.32 | February 22, 2008 |
| 10.8 | First Amendment to Huntsman Supplemental Executive MPP Plan | 10-K | 10.33 | February 22, 2008 |
| 10.9 | First Amendment to Huntsman Supplemental Savings Plan | 10-K | 10.34 | February 22, 2008 |
| 10.10 | Second Amendment to Huntsman Supplemental Savings Plan | 10-K | 10.35 | February 22, 2008 |
| 10.11 | First Amendment to Huntsman Outside Directors Elective Deferral Plan | 10-K | 10.36 | February 22, 2008 |
| 10.12 | U.S. Receivables Loan Agreement dated as of October 16, 2009 | 8-K | 10.1 | October 22, 2009 |
| 10.13 | U.S. Contribution Agreement dated as of October 16, 2009 between Huntsman International LLC and Huntsman Receivables Finance II LLC | 8-K | 10.2 | October 22, 2009 |
| 10.14 | Second Amendment to Huntsman Supplemental Executive Retirement Plan | 10-K | 10.38 | February 17, 2011 |
| 10.15 | Third Amendment to Huntsman Supplemental Executive Retirement Plan | 10-K | 10.39 | February 17, 2011 |
| 10.16 | Form of Nonqualified Stock Option Agreement effective for grants from February 2, 2011 to May 5, 2016 | 10-K | 10.42 | February 17, 2011 |
| 10.17 | Form of Restricted Stock Unit Agreement for Outside Directors effective for grants from February 2, 2011 to May 5, 2016 | 10-K | 10.43 | February 17, 2011 |
| 10.18 | Master Amendment No. 2 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement and Transaction Documents dated as of April 18, 2011 | 8-K | 10.1 | April 20, 2011 |
| 10.19 | Second Amendment to Huntsman Outside Directors Elective Deferral Plan | 10-Q | 10.5 | May 5, 2011 |
| 10.20 | Third Amendment to Huntsman Outside Directors Elective Deferral Plan | 10-Q | 10.6 | May 5, 2011 |
| 10.21 | Master Amendment No. 3 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement and Transaction Documents dated as of April 29, 2013 | 8-K | 10.1 | May 2, 2013 |
| 10.22 | Huntsman Corporation Stock Incentive Plan (amended and restated) | 8-K | 10.1 | May 12, 2014 |
| 10.23 | Amendment to the Huntsman Corporation Stock Incentive Plan Nonqualified Stock Option Agreement effective for grants through May 5, 2016 | 10-K | 10.66 | February 18, 2015 |
| 10.24 | Master Amendment No. 4 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement and Transaction Documents and Waiver, dated as of March 30, 2015 | 8-K | 10.2 | April 2, 2015 |
| 10.25 | Huntsman Corporation 2016 Stock Incentive Plan | 8-K | 10.1 | May 11, 2016 |
| 10.26 | Form of Nonqualified Stock Option Agreement effective for grants from May 5, 2016 to January 31, 2017 | S-8 | 99.1 | May 31, 2016 |
| 10.27 | Form of Phantom Share Agreement | 10-K | 10.66 | February 15, 2017 |
| 10.28 | Form of Performance Share Unit Award Agreement | 10-K | 10.67 | February 15, 2017 |
| 10.29 | Form of Nonqualified Stock Option Agreement | 10-K | 10.68 | February 15, 2017 |
| 10.30 | Form of Restricted Stock Agreement | 10-K | 10.69 | February 15, 2017 |
| 10.31 | Form of Stock Unit Agreement for Outside Directors | 10-K | 10.70 | February 15, 2017 |
| 10.32 | Form of Notice of Award of Common Stock | 10-K | 10.71 | February 15, 2017 |
| 10.33 | Master Amendment No. 6 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement, U.S Receivables Purchase Agreement and Transaction Documents dated as of April 21, 2017 | 10-Q | 10.2 | April 26, 2017 |
| 10.34 | Credit Agreement, dated May 21, 2018, between Huntsman International LLC, JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A. and Citibank, N.A. as co-syndication agents, and Goldman Sachs Bank USA and PNC Bank, National Association, as co-documentation agents, and the lenders thereto. | 8-K | 10.1 | May 23, 2018 |
| 10.34 | Master Amendment No. 7 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement, U.S. Receivables Purchase Agreement and Transaction Documents, dated as of April 18, 2019 | 10-K | 10.41 | April 24, 2019 |
| 10.35 | Amended and Restated European Contribution Agreement, dated as of April 18, 2019 | 10-K | 10.41 | February 12, 2021 |
| 10.36 | Master Amendment No. 8 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement, U.S. Receivables Purchase Agreement and Transaction Documents, dated as of December 3, 2019 | 10-K | 10.52 | February 13, 2020 |
| 10.37 | Huntsman Executive Severance Plan (as amended and restated effective February 19, 2020) | 8-K | 10.1 | February 19, 2020 |
| 10.38 | Second Amended and Restated Severance Agreement dated February 19, 2020, between Huntsman Corporation and Peter R. Huntsman | 8-K | 10.2 | February 19, 2020 |
| 10.39 | Master Amendment No. 9 to the U.S. Receivables Loan Agreement, U.S. Servicing Agreement, U.S. Receivables Purchase Agreement and Transaction Documents and Waiver, dated as of October 30, 2020 | 10-K | 10.45 | February 12, 2021 |
| 10.40 | Master Amendment No. 10 to U.S. Receivables Loan Agreement, U.S. Servicing Agreement, U.S. Receivables Purchase Agreement and Transaction Documents, dated as of July 1, 2021 | 10-Q | 10.1 | July 30, 2021 |
| 10.41 | Amended and restated European Receivables Loan Agreement, dated as of July 1, 2021 | 10-Q | 10.2 | July 30, 2021 |
| 10.42 | Credit Agreement, dated May 20, 2022, between Huntsman International LLC, Citibank, N.A., as administrative agent, Citibank, N.A., BOFA Securities, Inc., PNC Capital Markets LLC, TD Securities (USA) LLC and Truist Securities, Inc., as Co-Sustainability Structuring Agents, Bank of America, N.A., PNC Bank, National Association, The Toronto Dominion Bank, New York Branch and Truist Bank, as co-syndication agents, and BMO Harris Bank N.A., Industrial and Commercial Bank of China Limited, New York Branch JPMorgan Chase Bank, N.A. and MUFG Bank, Ltd, as co-documentation agents, and the lenders thereto | 8-K | 10.1 | May 23, 2022 |
| 10.43* | Master Amendment No. 11 to U.S. Receivables Loan Agreement, U.S. Servicing Agreement, U.S. Receivables Purchase Agreement and Transaction Documents, dated as of January 22, 2024 | |||
| 10.44* | Further Amended and Restated European Receivables Loan Agreement, dated as of January 31, 2024 | |||
| 21.1* | Subsidiaries of Huntsman Corporation | |||
| 23.1* | Consent of Independent Registered Public Accounting Firm | |||
| 31.1* | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | |||
| 31.2* | Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | |||
| 32.1* | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |||
| 32.2* | Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |||
| 97* | Huntsman Corporation Clawback Policy | |||
| 101.INS* | XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | |||
| 101.SCH* | Inline XBRL Taxonomy Extension Schema | |||
| 101.CAL* | Inline XBRL Taxonomy Extension Calculation Linkbase | |||
| 101.LAB* | Inline XBRL Taxonomy Extension Label Linkbase | |||
| 101.PRE* | Inline XBRL Taxonomy Extension Presentation Linkbase | |||
| 101.DEF* | Inline XBRL Taxonomy Extension Definition Linkbase | |||
| 104* | The cover page from this Annual Report on Form 10-K, formatted in Inline XBRL and contained in Exhibit 101 | |||
- Filed herewith.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized.
Dated: February 22, 2024
| Huntsman Corporation Huntsman International LLC | |
| By: | /s/ Philip M. Lister |
| Philip M. Lister Executive Vice President and Chief Financial Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of Huntsman Corporation in the capacities indicated on the 22 nd day of February 2024.
| /s/ Peter R. Huntsman | /s/ Philip M. Lister |
|---|---|
| Peter R. Huntsman Chairman, President and Chief Executive Officer (Principal Executive Officer) | Philip M. Lister Executive Vice President and Chief Financial Officer (Principal Financial Officer) |
| /s/ Steven C. Jorgensen | /s/ Dr. Mary C. Beckerle |
| Steven C. Jorgensen Vice President and Controller (Authorized Signatory and Principal Accounting Officer) | Dr. Mary C. Beckerle Director |
| /s/ Sonia Dulá | /s/ Cynthia L. Egan |
| Sonia Dulá Chair of the Compensation Committee and Director | Cynthia L. Egan Vice Chair, Lead Independent Director of the Board and Chair of the Nominating and Corporate Governance Committee |
| /s/ Curtis E. Espeland | /s/ Daniele Ferrari |
| Curtis E. Espeland Director | Daniele Ferrari Director |
| /s/ Jeanne McGovern | /s/ José Muñoz |
| Jeanne McGovern | José Muñoz |
| Chair of the Audit Committee and Director | Director |
| /s/ David B. Sewell | /s/ U.S. Navy Retired Vice Admiral Jan E. Tighe |
| David B. Sewell | U.S. Navy Retired |
| Director | Vice Admiral Jan E. Tighe |
| Chair of the Sustainability Committee and Director |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of Huntsman International LLC in the capacities indicated on the 22 nd day of February 2024.
| /s/ Peter R. Huntsman | /s/ Philip M. Lister |
|---|---|
| Peter R. Huntsman President, Chief Executive Officer and Manager (Principal Executive Officer) | Philip M. Lister Executive Vice President, Chief Financial Officer and Manager (Principal Financial Officer) |
| /s/ Steven C. Jorgensen | /s/ David M. Stryker |
| Steven C. Jorgensen Vice President and Controller (Authorized Signatory and Principal Accounting Officer) | David M. Stryker Executive Vice President, General Counsel, Secretary and Manager |
HUNTSMAN CORPORATION AND SUBSIDIARIES
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
| Page | |
| Huntsman Corporation and Subsidiaries: | |
|---|---|
| Consolidated Financial Statements | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | F-2 |
| Consolidated Balance Sheets as of December 31, 2023 and 2022 | F-3 |
| Consolidated Statements of Operations for the Years Ended December 31, 2023, 2022 and 2021 | F-4 |
| Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2023, 2022 and 2021 | F-5 |
| Consolidated Statements of Equity for the Years Ended December 31, 2023, 2022 and 2021 | F-6 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2023, 2022 and 2021 | F-7 |
| Huntsman International LLC and Subsidiaries: | |
| Consolidated Financial Statements | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | F-8 |
| Consolidated Balance Sheets as of December 31, 2023 and 2022 | F-9 |
| Consolidated Statements of Operations for the Years Ended December 31, 2023, 2022 and 2021 | F-10 |
| Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2023, 2022 and 2021 | F-11 |
| Consolidated Statements of Equity for the Years Ended December 31, 2023, 2022 and 2021 | F-12 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2023, 2022 and 2021 | F-13 |
| Huntsman Corporation and Subsidiaries and Huntsman International LLC and Subsidiaries: | |
| Notes to Consolidated Financial Statements | F-14 |
| Schedule to Consolidated Financial Statements | |
| Schedule to Consolidated Financial Statements, Schedule I—Financial Information of Registrant (Huntsman Corporation only) | F-52 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.