cross-referenced news and research resources about
Eastman Chemical Company
Eastman Chemical Company is a United States based chemical company, engaged in the manufacture and sale of chemicals, fibers, and plastics. Eastman has 44 manufacturing sites worldwide, supplying its products throughout the world. Founded in 1920 and based in Kingsport, Tennessee, Eastman is a Fortune 500 company. In July 2012, Eastman completed the acquisition of Solutia Inc. for $4.8 billion. Eastman had 2012 pro forma revenues, giving effect to the Solutia acquisition, of approximately $9.1 billion. Eastman employs approximately 13,500 people around the world.
Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products, is a major supplier of cellulose acetate fibers, and produces PET polymers for packaging.
Eastman is a member of Responsible Care, a global voluntary initiative developed autonomously by the chemical industry to improve health, safety, and environmental performance. In January 2008, Corporate Responsibility Officer Magazine (CRO) named Eastman one of the five best corporate citizens among chemical companies in the U.S. Eastman was also ranked 64th in CRO magazine's list of 100 Best Corporate Citizens for 2008.
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updated Tue. January 30, 2024
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Assembly Magazine
April 4, 2018
To help manufacturers select a plastic that withstands the full spectrum of disinfectants used to prevent hospital-acquired infections, Eastman Chemical Co. has developed a simple test to measure the performance of different plastics. The replicable, four-step process demonstrates the impact resistance andÃâà...
Anglophone Tribune
April 4, 2018
The analysis covers the present market size of the us Ethylene Vinyl Acetate (EVA) market and its growth rates supported five year history knowledge in conjunction with company profile of key players/manufacturers like Polysciences, DuPont, Tosoh, Eastman Chemical, Fainplast Compounds, FainplastÃâà...
Market Realist
April 3, 2018
So far in 2018, Eastman Chemical (EMN) has outperformed most of its peers and also the broader market. As of March 29, 2018, EMN has gained 14% since the beginning of 2018. Westlake Chemical's (WLK) stock price has risen 4.3%, while LyondellBasell (LYB) and Olin (OLN) have fallen 4.2% and 14.6%, respectively,Ãâà...
Market Realist
April 3, 2018
At the end of 2017, Eastman Chemical (EMN) reported debt of $6.54 billion compared to $6.59 billion in 2016. Though the debt remained more or less the same on a year-over-year basis, it has been sliding down since 2015. EMN's debt has fallen from $7.55 billion in 2014 to the present $6.59 billion,Ãâà...
StockNewsTimes
March 28, 2018
Eastman Chemical logo Letko Brosseau & Associates Inc. trimmed its stake in shares of Eastman Chemical (NYSE:EMN) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 820,845 shares of the basic materials company's stock after sellingÃâà...
Frisco Fastball
March 28, 2018
Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.01, from 1.18 in 2017Q3. It turned negative, as 32 investors sold Eastman Chemical Company shares while 187 reduced holdings. 74 funds opened positions while 182 raised stakes. 116.74 million shares or 0.76% more from 115.86 millionÃâà...
CBS Pittsburgh / KDKA
March 28, 2018
“Eastman is aware of a report published by PennEnvironment that states Eastman Chemical Resins, Inc.'s facility in Jefferson Hills Borough, among other companies across the state of Pennsylvania, is in violation of the Clean Water Act. The exceedances listed for this facility primarily result from zinc andÃâà...
Market Realist
March 26, 2018
On March 19, 2018, Eastman Chemical (EMN) said that it would demonstrate Tetrashield at the upcoming American Coatings Show in Indianapolis on April 10–12. According to Eastman Chemical, Tetrashield provides better weathering, scratch protection, and chemical resistance. Tetrashield alsoÃâà...
Zacks.com
March 21, 2018
Eastman Chemical is taking appropriate pricing actions amid an escalated raw material pricing environment. High selling prices drove revenues in the company's Chemical Intermediates segment in fourth-quarter 2017. Eastman Chemical's shares have moved up 36.3% over a year, outperforming theÃâà...
Zacks.com
March 16, 2018
Eastman Chemical Company (EMN - Free Report) has completed a new urethane extrusion line at its plant in Martinsville, VA. The state-of-the-art extrusion line along with sourcing partnerships strengthens the company's versatility, reliability and commitment to the paint protection films and window filmsÃâà...
Nasdaq
March 14, 2018
We note that a number of companies in the space - including prominent names such as Eastman Chemical Co., Celanese Corp., PPG Industries, Inc. and Air Products and Chemicals, Inc. - produced earnings beats in the quarter. The outperformance was driven by solid demand across major end-marketsÃâà...
Zacks.com
March 13, 2018
In the fourth quarter, Eastman Chemical's reported earnings of $1.62 per share, up from $1.51 in the year ago-quarter. The results surpassed the Zacks Consensus Estimate of $1.06. Revenues rose around 8% year over year to $2,362 million, outpacing the Zacks Consensus Estimate of $2,289.5 million.
Newburgh Gazette
March 13, 2018
Shares of Eastman Chemical (NYSE EMN) opened at $109.29 on Monday. About 1.73 million shares traded or 36.23% up from the average. Fisher Asset Management Limited Liability holds 0% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 3,321 shares. It has underperformed by 21.16%Ãâà...
Danvers Record
March 13, 2018
The Shareholder Yield of Eastman Chemical Company (NYSE:EMN) is 0.040331. The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurchases and debt reduction. This percentage is calculatedÃâà...
StockNewsJournal
March 13, 2018
Eastman Chemical Company (EMN) is an interesting player in the Basic Materials space, with a focus on Chemicals – Major Diversified. The stock has been active on the tape, currently trading at $109.29, up from yesterday's close by 3.20%. Given the stock's recent action, it seemed like a good time to takeÃâà...
Nasdaq
March 13, 2018
Looking at the universe of stocks we cover at Dividend Channel , on 3/14/18, Packaging Corp of America (Symbol: PKG), Eastman Chemical Co (Symbol: EMN), and NewMarket Corp (Symbol: NEU) will all trade ex-dividend for their respective upcoming dividends. Packaging Corp of America will pay itsÃâà...
Stocks Market Cap
March 7, 2018
U.S. stocks closed moderately higher Tuesday after a session marked by swings in and out of negative territory as shareholders debated the potential impact of a trade war in the wake of President Donald Trump announcing a pair of tariffs, a strategy that has faced opposition from key Republicans such asÃâà...
NASDAQ Times
March 7, 2018
Eastman Chemical Company (NYSE:EMN) belongs to Basic Materials sector, shares build up 2.62% to close at $105.82. Expecting these factors, the firm is standing on a contradictory position. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 5.98% from lastÃâà...
StockNewsJournal
March 7, 2018
Eastman Chemical Company (EMN) is an interesting player in the Basic Materials space, with a focus on Chemicals – Major Diversified. The stock has been active on the tape, currently trading at $105.82, up from yesterday's close by 2.62%. Given the stock's recent action, it seemed like a good time to takeÃâà...
Nasdaq
March 7, 2018
In the fourth quarter, Eastman Chemical's reported earnings of $1.62 per share, up from $1.51 in the year ago-quarter. The results surpassed the Zacks Consensus Estimate of $1.06. Revenues rose around 8% year over year to $2,362 million, outpacing the Zacks Consensus Estimate of $2,289.5 million.
CML News
March 6, 2018
There is a bullish momentum pattern in Eastman Chemical Company (NYSE:EMN) stock 7 calendar days before earnings, and we can capture that phenomenon explicitly by looking at returns in the option market. The strategy won't work forever, but for now it is a momentum play that has not only returnedÃâà...
Zacks.com
February 27, 2018
Eastman Chemical (EMN) to Hike Prices of Selective Products ... Eastman Chemical Company (EMN - Free Report) will raise the list and off-list selling prices of few products. The price hike will be ... Eastman Chemical is taking appropriate pricing actions amid an escalated raw material pricing environment.
Nasdaq
February 27, 2018
Meanwhile, Eastman Chemical continues to focus on cost-cutting and productivity actions that are helping it to offset raw material price inflation. The company should also gain from its strategic acquisitions, especially Taminco. Furthermore, it remains committed to reduce debt and boost shareholder returnsÃâà...
Seeking Alpha
February 23, 2018
In my view, there's much to like about Eastman Chemical. Management treats shareholders very well, the company generates a great deal of free cash, and the dividend is quite safe. At the same time, though, the shares are priced as though the company will experience very low growth in future. InvestorsÃâà...
Market Realist
February 21, 2018
On February 16, 2018, Eastman Chemical (EMN) announced the launch of Eastman Cure Pro, its next generation of insoluble sulfur. This new sulfur is a vulcanizing agent that has high thermal stability, superior dispersion, and enhanced flow. Cure Pro is expected to help tire manufacturers improveÃâà...
StreetInsider.com
February 6, 2018
At Eastman Chemical Company's (NYSE: EMN) 2018 Innovation Day, senior company executives discussed the company's focus on innovation to drive growth and strong value creation. "We have built a compelling, innovation-driven growth model that is unique to Eastman," said Mark Costa, Board ChairÃâà...
Nasdaq
December 31, 1999
A better-than-expected fourth-quarter 2017 earnings performance and an upbeat 2018 outlook have contributed to the rally in Eastman Chemical's shares. The company should gain from cost-cutting and productivity initiatives, synergies of strategic acquisitions as well as efforts to reduce debt.
MarketWatch
December 31, 1999
Eastman Chemical Co. EMN, +2.62% disclosed Thursday that it was cutting its estimate of the benefit of recent tax law changes to fourth-quarter earnings, by about 19.5% to $339 million, and said further adjustments may be possible. In the fourth-quarter report released Feb. 1, the materials and specialtyÃâà...
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