Eastman Chemical Reports 2nd-Quarter ProfitJuly 28, 2017
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Eastman Chemical Co. has reported second-quarter earnings of US$420 million, or $2.00 per share, up from $376 million, or $1.71 per share, one year ago.
For the quarter, Eastman Chemical posted sales of $2.41 billion, up 5 percent from the previous year. Sales in the company’s chemical intermediates division increased 11 percent to $703 million, while the additives and functional products division increased sales 8 percent to $830 million.
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About Eastman Chemical
Kingsport, TN-based Eastman Chemical Co. manufactures a broad range of solvents and solutions, including adhesives, fibers, and cleaning chemicals. For more information, visit www.eastman.com.