Huntsman Corporation (HUN) Unveils E-GRADE Unit Expansion to Serve Semiconductor Market

Huntsman Corporation (NYSE:HUN) has launched a new purification and packaging capability at its Conroe, Texas site, and with it, the company is expanding its E-GRADE unit under the Performance Products division.

Huntsman Corporation (HUN) Unveils E-GRADE® Unit Expansion to Serve Semiconductor Market

Workers in a chemical plant, creating the state-of-the-art organic chemical products.

Huntsman Corporation (NYSE:HUN) is an American multinational company that is engaged in the business of manufacturing chemical products that enhance energy efficiency, reduce waste, and cut emissions. The Chairman, President, and CEO of Huntsman Corporation, Peter Huntsman, claimed that the new launch is aimed at meeting the rising global demand from the semiconductor sector, in his statement below:

“With the rapid growth of AI and the need for high-quality advanced node chips, our investment in Conroe marks our commitment to developing new semiconductor-grade products and enhancing supply chain security to support the demands of our customers worldwide.”

With the new launch, the E-GRADE® facility will offer high-purity amines, including quaternary amines and amine oxides, which are core requirements for chip fabrication and meet the industry’s stringent quality expectations.

This new announcement comes at a time of mixed investor sentiment. The company’s shares have declined 36.38% year-to-date owing to weakened demand from construction and industrial markets. Even so, institutional ownership remains high at 87.93%, with J.P. Morgan reaffirming an Overweight rating, despite lowering the price target to $20 on May 6, 2025.

Insiders, specifically Jan Buberl, President of Performance Products, Huntsman Corporation (NYSE:HUN) perceive the expansion as a significant step toward positioning Huntsman as a global supplier of semiconductor-grade materials. Whether this launch would bring a change to the consensus Hold rating currently maintained by analysts is yet to be seen.

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