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The Company is a global manufacturers of differentiated chemical products. It also manufactures inorganic and commodity chemical products.
Huntsman started out as a special situation based on the failed Hexion acquisition and subsequent lawsuits against erstwhile financial backers. These events, along with the high price of oil pre-recession, severely depressed Mr. Market's view of the company's value. While the value has come up in my estimation, I believe that it is still undervalued, especially given that it appears to be a well-run company which is responding carefully to a recession-torn global chemicals industry.
I bought in October 2009 at $8.97, now at $13+, Happy Camper
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