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MarketScreener Homepage  >  Equities  >  Nyse  >  Eastman Chemical Company    EMN

EASTMAN CHEMICAL COMPANY

(EMN)
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Eastman Chemical : increases ACIDS price on October 1, 2019

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09/20/2019 | 09:45am EDT

Eastman Chemical Company is increasing prices on the following product October 1, 2019 or as contracts allow.

This increase is due to elevated operating costs, especially in raw materials.

Eastman Propionic Acid, All Grades and Package Types: Offlist Price increase of $USD 0.03/LB ($USD 0.07/KG) in North America and Latin America.

About Eastman Chemical Company

Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation- driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive endmarkets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2018 revenues of approximately $10 billion and is headquartered in Kingsport, Tennessee, USA.

Contact:

Tel: 0484 234 7185

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 9 514 M
EBIT 2019 1 484 M
Net income 2019 1 025 M
Debt 2019 5 609 M
Yield 2019 3,34%
P/E ratio 2019 9,88x
P/E ratio 2020 8,75x
EV / Sales2019 1,64x
EV / Sales2020 1,54x
Capitalization 9 990 M
Chart EASTMAN CHEMICAL COMPANY
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Technical analysis trends EASTMAN CHEMICAL COMPANY
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 85,63  $
Last Close Price 72,92  $
Spread / Highest target 30,3%
Spread / Average Target 17,4%
Spread / Lowest Target 2,85%
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
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