Posts Tagged “Eastman”
Eastman Investor Day Highlights Growth Expectations KINGSPORT, Tenn.–(BUSINESS WIRE)–At its 2011 Investor Day, Eastman Chemical Company (NYSE: EMN) chairman and CEO Jim Rogers and senior executives discussed the company’s strategy for generating significant growth. “The strategic shift we have made has led to an improvement in the company’s portfolio and has resulted in greater strength in our core businesses,” said Rogers. “In 2010, we … Read more on Business…. Click Here to Read More
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Eastman Completes Sale of Performance Polymers PET Business KINGSPORT, Tenn.–(BUSINESS WIRE)–Eastman Chemical Company (NYSE:EMN) announced that it has completed the previously announced sale of its Performance Polymers segment’s PET business, related assets, and technology to DAK Americas, LLC. The total cash proceeds of the transaction were $600 million, subject to post-closing adjustment for working capital. The company will recognize a modest gain … Read more on Business…. Click Here to Read More
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Eastman Chemical To Sell PET Unit To DAK Americas For About $600 Million Cash Chemicals, plastics and fibers company Eastman Chemical Co. said it agreed Monday to sell its PET business under the performance polymers segment to DAK Americas LLC for about $600 million in cash. The transaction, which is subject to regulatory approvals, is expected to close during the fourth quarter of 2010. Read more on RTT…. Click Here to Read More
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Professional Research on The Dow Chemical Company and Eastman Chemical Company — Optimism in the Major Diversified … JOHANNESBURG, SOUTH AFRICA–(Marketwire – October 4, 2010) – www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the chemicals — major diversified industry, and offers free research on industry players The Dow Chemical Company ( NYSE : DOW ) and Eastman Chemical Company ( NYSE : EMN ) . Register … Read more on…. Click Here to Read More
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Eastman Announces Plans to Expand Hydrogenated Hydrocarbon Resin Production KINGSPORT, Tennessee, Aug. 2, 2010 — Eastman Chemical Company today announced plans to expand production of hydrogenated hydrocarbon resins at both its Middelburg, The Netherlands, and Longview, Texas, facilities. Read more on…. Click Here to Read More
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Eastman to Expand Hydrogenated Hydrocarbon Resin Production at Facilities in The Netherlands and Texas KINGSPORT, Tenn.—-Eastman Chemical Company today announced plans to expand production of hydrogenated hydrocarbon resins at both its Middelburg, The Netherlands, and Longview, Texas, facilities. Read more on Business Wire via Yahoo!…. Click Here to Read More
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Eastman considers PET sale as beverage demand weakens The PET business at Eastman achieved a turnover of $700m in 2009, but sales growth, which had been running higher than GDP at 5-8 per cent, began to slow at the beginning of 2008. Read more on Food Production…. Click Here to Read More
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Eastman Rises as Profit, Forecast Exceed Estimates (Update2) April 23 (Bloomberg) — Eastman Chemical Co. , the biggest U.S. maker of plastics for water bottles, rose the most in nine months in New York trading after the company’s first-quarter earnings and second-quarter forecast topped analysts’ estimates. Read more on…. Click Here to Read More
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Camlin Fine Chem Q3 net up 23% at Rs 3.15 cr Camlin Fine Chemicals has registered a 28.3 per cent jump in gross sales/income from operations at Rs 89.92 crore during the nine-months period ended December as against Rs 70.11 crore during the corresponding period last year. Read more on Business Standard India Indorama Ventures to raise $123 mln in Thai IPO-sheet SINGAPORE, Jan 22 (Reuters) – Indorama Ventures, the parent of plastics maker Indorama Polymers , is set to raise a smaller-than-expected $123 million from its IPO after cutting the number of shares on offer and pricing them at the lower-end of an indicative range, according to a term sheet seen by Reuters. Read more on…. Click Here to Read More
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