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EASTMAN CHEMICAL COMPANY

(EMN)
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Eastman Chemical : increases Acid prices on July 01, 2021

06/17/2021 | 04:30am EDT

KINGSPORT, Tenn. - Eastman Chemical Company is increasing prices on the following products July 01, 2021 or as contracts allow.

Eastman(TM) Benzoic Acid Technical Grade, Flake : List and Off-list Price increase of $USD 0.050/LB ($USD 0.110/KG) in North America and Latin America.

About Eastman Chemical Company

Founded in 1920, Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in more than 100 countries and had 2020 revenues of approximately $8.5 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,500 people around the world. For more information, visit www.eastman.com.

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2021 9 440 M - -
Net income 2021 1 158 M - -
Net Debt 2021 4 632 M - -
P/E ratio 2021 13,2x
Yield 2021 2,44%
Capitalization 15 364 M 15 364 M -
EV / Sales 2021 2,12x
EV / Sales 2022 2,04x
Nbr of Employees 14 500
Free-Float 61,2%
Chart EASTMAN CHEMICAL COMPANY
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Technical analysis trends EASTMAN CHEMICAL COMPANY
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 112,72 $
Average target price 138,17 $
Spread / Average Target 22,6%
EPS Revisions
Managers and Directors
Mark J. Costa Chairman & Chief Executive Officer
William T. McLain Chief Financial Officer & Senior Vice President
Mark K. Cox Chief Manufacturing & Engineering Officer, SVP
Stephen G. Crawford Co-Chief Technology Officer & Executive VP
Aldo Noseda Chief Information Officer & Vice President
Sector and Competitors