Huntsman (HUN) Expands Hungary Unit to Boost Specialty Amines Capacity

Huntsman Corporation (NYSE:HUN) is one of the best short-term stocks to buy now. On March 18, 2026, the company marked the grand opening of an expanded Performance Products manufacturing unit in Petfurdo, Hungary, where operations began earlier this year. Huntsman said the investment increases its global capacity and gives it greater manufacturing flexibility for customers in polyurethane, coatings, metalworking, and electronics markets.

The company said demand for its JEFFCAT amine catalysts has continued to grow globally. Those specialty amines are used in products such as automobile seats, mattresses, and energy-efficient building insulation.

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Management said the expansion should strengthen Huntsman’s ability to support customers in faster-growing markets, improve manufacturing flexibility, and support next-generation products. The project was also backed by an investment grant from the Hungarian government, which Huntsman said helped bring the expansion to completion. While the release did not attach a financial contribution target to the project, it does add fresh production capacity in a business tied to specialty applications and efficiency-related end markets.

Huntsman Corporation (NYSE:HUN) is a global manufacturer and marketer of diversified chemical products. The company said it generated about $6 billion of revenue from continuing operations in 2025.

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