Huntsman Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 7 - Supplier Finance Program

Note 7 - Supplier Finance Program	3 Months Ended
Mar. 31, 2025
Notes to Financial Statements
Supplier Finance Program [Text Block]	7. SUPPLIER FINANCE PROGRAM During the first quarter of 2025, we initiated a supplier finance program that has been made available to certain of our vendors. The program allows our vendors to voluntarily sell their receivables due from us to a participating financial institution on terms that are negotiated between the vendor and the financial institution. The vendor receives payment from the financial institution, and we pay the financial institution on the terms originally negotiated with the vendor, which generally range from 90 to 120 days. We do not pledge assets as security or provide other forms of guarantees associated with this supplier finance program. As of March 31, 2025, outstanding obligations confirmed as valid under this supplier finance program were approximately $22 million, included in accounts payable in our condensed consolidated balance sheets.

Note 7 - Supplier Finance Program

3 Months Ended

Mar. 31, 2025

7. SUPPLIER FINANCE PROGRAM

During the first quarter of 2025, we initiated a supplier finance program that has been made available to certain of our vendors. The program allows our vendors to voluntarily sell their receivables due from us to a participating financial institution on terms that are negotiated between the vendor and the financial institution. The vendor receives payment from the financial institution, and we pay the financial institution on the terms originally negotiated with the vendor, which generally range from 90 to 120 days. We do not pledge assets as security or provide other forms of guarantees associated with this supplier finance program. As of March 31, 2025, outstanding obligations confirmed as valid under this supplier finance program were approximately $22 million, included in accounts payable in our condensed consolidated balance sheets.