Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Eastman Chemical Company    EMN

EASTMAN CHEMICAL COMPANY (EMN)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Eastman Chemical Company : Completes Startup of Plasticizer Manufacturing Facility at Texas City Site

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/30/2012 | 02:55pm CET
 
 

KINGSPORT, Tenn., April 30, 2012 - Eastman Chemical Company (NYSE:EMN) today announced it has completed the retrofit and startup of its non-phthalate plasticizer manufacturing facility in Texas City, Texas. Eastman purchased the former Sterling Chemicals, Inc. plant in mid-2011.

The facility, which will primarily produce Eastman 168(TM) non-phthalate plasticizer, will increase the overall capacity of Eastman 168 by approximately 60 percent. Further capacity increases are possible with minimal investment at the Texas City site as demand for non-phthalate plasticizers continues to grow.

 "We are committed to continual growth in our business and are happy to announce the startup of the non-phthalate plasticizer facility in Texas City," said Heidi Barnes, Performance Chemicals and Intermediates segment Oxo and Plasticizers business director. "This additional capacity will allow us to serve the growing demand for non-phthalate plasticizers such as Eastman 168(TM) around the globe."

Non-phthalate plasticizers are broadly used in products such toys, childcare items, food contact materials and medical devices, and is also used to provide flexibility to PVC in a wide variety of applications. End markets for non-phthalate plasticizers include building and construction, health and wellness, and infant care.

Eastman's chemicals, fibers and plastics are used as key ingredients in products that people use every day. Approximately 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. The company is committed to finding sustainable business opportunities within the diverse markets and geographies it serves. A global company headquartered in Kingsport, Tennessee, USA, Eastman had 2011 sales of $7.2 billion. For more information, visit www.eastman.com:
http://www.eastman.com/.

# # #

Contacts:

Media: Kristin Sturgill
423-229-2526 / [email protected]:
mailto:[email protected]

Investors: Gregory Riddle
212-835-1620 / [email protected]:
mailto:[email protected]





This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Eastman Chemical Company via Thomson Reuters ONE

HUG#1607358
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EASTMAN CHEMICAL COMPANY
12/15 EASTMAN CHEMICAL : Again Named One of America's Most Just Companies in 2017 by F..
12/15 EASTMAN CHEMICAL COMPANY : ex-dividend day
12/13 EASTMAN CHEMICAL : Again Named One of America's Most Just Companies in 2017 by F..
12/12 EASTMAN CHEMICAL : Again Named One of America's Most Just Companies in 2017
12/12 EASTMAN CHEMICAL : Again Named One of America's Most Just Companies in 2017 by F..
12/07 EASTMAN CHEMICAL : Board Increases Dividend for Eighth Consecutive Year
11/30 EASTMAN CHEMICAL COMPANY : Free Post Earnings Research Report: Eastman Chemical’..
11/28 EASTMAN CHEMICAL : Foreign-Trade Zone (FTZ) 204--Tri-Cities Area, TN/VA; Notific..
11/28 PANASONIC : selects Eastman Tritan copolyester for new line of food processors
11/24 EASTMAN CHEMICAL : RELAX takes water bottles to the next level with Tritan from ..
More news
News from SeekingAlpha
12/13 EASTMAN CHEMICAL : Lock In This Dividend
12/12 24 DIVIDEND INCREASES : December 4-8, 2017 (Part 2: Non-Financials)
12/09 Goldman unveils sector-by-sector view for 2018 stock winners
12/07 VALUATION DASHBOARD : Energy And Materials - Update
12/06 CHEAP, CASH FLOW, EARNINGS : Eastman Chemical Has It All
Financials ($)
Sales 2017 9 425 M
EBIT 2017 1 527 M
Net income 2017 1 070 M
Debt 2017 6 030 M
Yield 2017 2,26%
P/E ratio 2017 12,28
P/E ratio 2018 11,06
EV / Sales 2017 2,02x
EV / Sales 2018 1,90x
Capitalization 12 969 M
Chart EASTMAN CHEMICAL COMPANY
Duration : Period :
Eastman Chemical Company Technical Analysis Chart | EMN | US2774321002 | 4-Traders
Technical analysis trends EASTMAN CHEMICAL COMPANY
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 101 $
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Mark J. Costa Chairman & Chief Executive Officer
Curtis E. Espeland Chief Financial Officer & Executive Vice President
Stephen G. Crawford Chief Technology Officer & Senior Vice President
Robert M. Hernandez Lead Independent Director
David Wayne Raisbeck Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EASTMAN CHEMICAL COMPANY23.76%12 969
AIR LIQUIDE11.72%54 537
SHIN-ETSU CHEMICAL CO LTD25.62%43 714
PRAXAIR, INC.27.26%42 831
LYONDELLBASELL INDUSTRIES NV22.91%41 825
GIVAUDAN17.95%20 500