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

MarketScreener Homepage  >  Equities  >  Nyse  >  Eastman Chemical Company    EMN

EASTMAN CHEMICAL COMPANY

(EMN)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Eastman Chemical : Buys Marlotherm Assets from Sasol

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/01/2019 | 11:44am EDT

By Bowdeya Tweh

Eastman Chemical Co. (EMN) said Monday it bought the Marlotherm business from Sasol Ltd. (SOL.JO, SSL) for an undisclosed sum, helping the chemicals maker expand its offering of heat transfer fluid products world-wide.

The Tennessee company said it would acquire the Marlotherm manufacturing assets in Germany and related formulations, intellectual property and customer contracts from Sasol.

The new heat transfer product line will join Eastman's specialty fluids business in the additives and functional products segment.

Write to Bowdeya Tweh at bowdeya.tweh@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
EASTMAN CHEMICAL COMPANY -4.88% 61.83 Delayed Quote.-15.43%
SASOL LIMITED -3.31% 271.21 End-of-day quote.-35.45%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EASTMAN CHEMICAL COMPANY
08/16Worsening Earnings Outlook Leaves Investors in a Bind -- WSJ
DJ
08/15Earnings Outlook for S&P 500 Companies Looks Bleak -- 2nd Update
DJ
08/15Earnings Outlook for S&P 500 Companies Looks Bleak -- Update
DJ
08/15Earnings Outlook for S&P 500 Companies Looks Bleak
DJ
08/14EASTMAN CHEMICAL : 2019, Aug 14 - Eastman extends innovation collaboration agree..
PU
08/14EASTMAN CHEMICAL : increases RESIN INTERMEDIATES prices on Jul. 01, 2019
AQ
08/06EASTMAN CHEMICAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION A..
AQ
08/06EASTMAN PUBLISHES 2019 SUSTAINABILIT : Innovating. Accelerating. Enhancing
AQ
08/06EASTMAN CHEMICAL : Publishes 2019 Sustainability Report
AQ
08/05EASTMAN CHEMICAL : 2019, Aug 05 - Eastman Publishes 2019 Sustainability Report
PU
More news
Financials (USD)
Sales 2019 9 539 M
EBIT 2019 1 496 M
Net income 2019 1 017 M
Debt 2019 5 674 M
Yield 2019 3,88%
P/E ratio 2019 8,33x
P/E ratio 2020 7,42x
EV / Sales2019 1,48x
EV / Sales2020 1,39x
Capitalization 8 470 M
Chart EASTMAN CHEMICAL COMPANY
Duration : Period :
Eastman Chemical Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EASTMAN CHEMICAL COMPANY
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 84,82  $
Last Close Price 61,83  $
Spread / Highest target 55,3%
Spread / Average Target 37,2%
Spread / Lowest Target -11,0%
EPS Revisions
Managers
NameTitle
Mark J. Costa Chairman & Chief Executive Officer
Curtis E. Espeland Chief Financial Officer & Executive Vice President
Mark K. Cox Chief Manufacturing & Engineering Officer, SVP
Stephen G. Crawford Chief Technology Officer & Senior Vice President
Robert M. Hernandez Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EASTMAN CHEMICAL COMPANY-15.43%8 470
SAUDI BASIC INDUSTRIES CORPORATION SJSC--.--%81 929
AIR LIQUIDE12.72%57 953
SHIN-ETSU CHEMICAL CO LTD29.43%41 975
LYONDELLBASELL INDUSTRIES-16.99%23 142
WANHUA CHEMICAL GROUP53.30%18 991