- Huntsman (NYSE:HUN) is the biggest maker of textile dyes but CEO Peter Huntsman says the company will consider selling that business, among other options, unless profitability increases soon.
- The textile effects unit needs to raise its return on net assets to at least 10% in a couple years, from about 2% now, the CEO says; the unit, which earned $16M in 2013 after two years of losses, needs to accelerate returns now that cost cuts are winding down.
- Huntsman says Q1 and Q2 will be "very crucial" for the unit.