Huntsman Corp stock (US4470111075): shares react to sale of Italian automotive business to Trelleborg

Huntsman Corp shares on the NYSE traded higher on Friday after the US chemicals group announced the sale of its Italian automotive aftermarket business Huntsman Gomet to Sweden’s Trelleborg Group for about EUR 42.5 million (USD 50 million), sharpening its portfolio and reducing debt exposure.

Huntsman Corp shares on the New York Stock Exchange moved higher on Friday after the US specialty chemicals group announced the sale of its Italian automotive aftermarket business Huntsman Gomet to Sweden’s Trelleborg Group for about EUR 42.5 million, or roughly USD 50 million, with the transaction disclosed on 06/05/2026 in a media release from its headquarters in The Woodlands, TexasHuntsman media release as of 06/05/2026.

According to Investing.com, Huntsman Corp stock (NYSE: HUN) was indicated up around 2.4% in premarket trading on 06/05/2026 after the company confirmed the divestiture of Huntsman Gomet, signaling investor interest in the group’s ongoing portfolio streamliningInvesting.com as of 06/05/2026.

As of: 05/06/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: HUN
• Sector/industry: Specialty chemicals, polyurethanes and advanced materials
• Headquarters/country: The Woodlands, United States
• Core markets: North America, Europe and Asia-Pacific
• Key revenue drivers: Polyurethanes, performance products and advanced materials for construction, automotive, industrial and consumer applications
• Home exchange/listing venue: New York Stock Exchange (HUN)
• Trading currency: USD

Huntsman Corp: core business model

Huntsman Corp focuses on formulated and intermediate chemical products, supplying polyurethanes, performance products and advanced materials that feed into industries such as construction, automotive, coatings and consumer goods, with earnings closely tied to global industrial and housing demand patterns.

Industry trends and competitive position

The sale of Huntsman Gomet to Trelleborg Group for EUR 42.5 million, or about USD 50 million, announced on 06/05/2026, underscores how Huntsman Corp is concentrating its portfolio on larger-scale core chemical platforms rather than niche automotive aftermarket components, a trend seen more broadly in the specialty chemicals sector as companies seek higher returns on invested capital and reduced operational complexityPR Newswire as of 06/05/2026.

Peer groups in specialty chemicals have been executing similar portfolio actions, and Huntsman Corp’s disposal of a non-core Italian automotive aftermarket unit aligns its business mix more closely with higher-margin polyurethanes, performance products and advanced materials, an approach that can simplify capital allocation while still keeping exposure to cyclical construction and industrial demand across the United States and Europe.

Conclusion

The announcement on 06/05/2026 that Huntsman Corp has sold its Italian-based Huntsman Gomet automotive aftermarket business to Trelleborg Group for about EUR 42.5 million highlights the company’s move to streamline its asset base and focus on core specialty chemical segments anchored in the United States and Europe. The accompanying 2.4% premarket share price reaction on the NYSE the same day suggests investors are watching how the proceeds and reduced complexity may support balance sheet flexibility and future capital deployment. Against this backdrop, the group’s positioning in polyurethanes and advanced materials remains tied to wider industrial and construction cycles, which will continue to shape how the market values Huntsman Corp over time.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.