Huntsman Corporation announced an estimated US$49 mln of costs and lost profit margin in Q3 2008 as a result of hurricanes Gustav and Ike. Excluding the hurricane impact, the company expects its Adjussted EBITDA (Earnings before Interest, Income Tax, Depreciation and Amortization) for the Q3 2008 to be greater than the previous quarter and similar to the Q3 2007.
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Friday, November 07, 2008
Huntsman estimates US$49 mln costs, lost margins due to hurricane impact in Q3
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