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Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Additives and Functional Products; Advanced Materials; Chemical Intermediates; and Fibers. Read More The Additives and Functional Products segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The Advanced Materials segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The Chemical Intermediates segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fiber segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.
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Present Performance: Eastman Chemical Company (NYSE: EMN)
Eastman Chemical Company trades as part of the basic materials sector and is in the chemicals industry. The company CEO is Mark J. Costa. Eastman Chemical Co is a advanced materials and specialty additives company that is engaged in producing and selling a portfolio of chemicals, plastics and fibers. Previous Intraday Trading Performance: The EMN stock showed a previous change of -1.24% with an open at 79.47 and a close of 78.64. It reached an intraday high of 80.25 and a low of 78.42. SeekingAlpha: East...
Seeking AlphaMar 14
Eastman Chemical to cut jobs as U.S.-China trade tariffs sting
Eastman Chemical (NYSE:EMN) says it is cutting an undisclosed number of jobs globally and delaying salary increases for other employees, citing the U.S.-China trade dispute and a slowing economy in Europe.
Houston ChronicleMar 14
Eastman Chemical, Conduit Global cutting jobs in Tennessee
MEMPHIS, Tenn. (AP) — Eastman Chemical Co. said Thursday that it is cutting an undisclosed number of jobs globally, citing "the ongoing U.S.-China trade dispute" and an economic slowdown in Europe. In a statement from company spokeswoman Betty Payne, the chemical and plastics manufacturer said it has seen reduced demand for its products and must do more to manage costs amid "tremendous uncertainty." Eastman says it is delaying salary raises for employees in certain jobs. The Kingsport, Tennessee-based com...
Expected Apr 25, After Hours