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Euro Manganese and Integrals Power Sign LOI and Offtake Term Sheet to Strengthen LMFP Battery Supply Chain
Newsfile· 2025-06-18 22:52
Euro Manganese and Integrals Power Sign LOI and Offtake Term Sheet to Strengthen LMFP Battery Supply ChainJune 18, 2025 6:52 PM EDT | Source: Euro Manganese Inc.Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) (the "Company" or "Euro Manganese") announced today that it has entered into an offtake term sheet dated June 18 (the "Term Sheet") with Integrals Power Limited ("IPL"), for the sale of high-purity manganese sulphate f ...
伊士曼大连工厂全面升级 产能与全球标准同步提升
Zhong Guo Zhi Liang Xin Wen Wang· 2025-06-17 07:44
据介绍,大连工厂是伊士曼践行"新一代制造"理念的重要试点,配置先进设备并执行高标准,强调洁净 化、微精度、环保性与人才培养。工厂园区绿化覆盖率超过40%,被誉为"会呼吸的环保工厂"。厂区内 还配备可视化管理系统,实现对安全、设备状态、环境指标及风险预警的智能化管理。 此次伊士曼同步发布先进工业标准体系,以全方位质量控制框架确保其全球生产线在质量一致性和卓越 运营方面的高标准。该标准的核心要素包括7个方面,即,全流程管控,从原料到成品的全流程数字化 追踪与管理;超国标标准,采用全球先进标准,确保卓越的产品质量;可持续内核,承诺环保生产,建 立资源循环利用的可持续生产体系;长效验证,通过严苛的环境测试确保产品长期可靠性;精微级制 程,生产过程中精微级别的精确控制;智能化保障,智能自动化质量保障系统;零容忍原则,质量偏差 零容忍,确保品质不妥协。 据了解,伊士曼始终致力于积极推动标准化建设,助力建立行业规范与促进可持续发展,与国内汽车玻 璃及功能膜检测认证领域权威机构国检集团开展紧密合作。在生产线启用仪式上,国检集团相关负责人 解读了《汽车玻璃光热性能检测与评价方法标准》。该集团配备先进实验室设施,其专业认证体系为 ...
伊士曼大连工厂全面升级,产能与全球标准实现同步提升
Zhong Guo Qi Che Bao Wang· 2025-06-14 04:46
6月12日,全球特种材料公司伊士曼宣布,其位于大连的工厂正式启动两条新增生产线。这一重要里程碑标志着伊士曼在扩大产能的同时,持续践行对 可持续发展和绿色制造的承诺。此次扩产进一步彰显了伊士曼致力于投资中国市场,强化本地研发与制造能力的决心,同时也将为中国及亚太地区的客户提 供更可靠、更高品质的汽车膜产品与服务。 伊士曼还在其大连工厂成功实施了先进的工业标准体系,这一重要举措有力保障了全球生产线在质量一致性和卓越运营方面的高标准。 伊士曼执行副总裁兼首席商务官Brad Lich、伊士曼副总裁兼亚太区常务董事Gulferaz Ali、伊士曼亚太区高性能膜业务总经理张波、伊士曼亚太区膜业 务制造总监李建、大连工厂厂长雷中勇等多位高管共同出席了启动仪式。出席启动仪式的当地政府领导包括大连庄河市委副书记、市长孙功利、大连市商务 局副局长李鹤鸣等。此外,伊士曼的重要合作伙伴代表中国建材检验认证集团玻璃事业部总经理韩松,以及龙膜、威固、圣科的渠道合作伙伴代表也应邀出 席。 深化本地布局,完善区域供应链 伊士曼秉持战略承诺,持续深耕本地市场,服务本地客户,助力区域经济发展,培养本地人才。Brad Lich表示:"此次扩产将进 ...
Eastman Chemical Company (EMN) FY Conference Transcript
2025-06-05 17:30
Eastman Chemical Company (EMN) FY Conference June 05, 2025 12:30 PM ET Speaker0 Maybe I'll jump a little bit to the segment level, if that's okay, and we can hit those at a high level. Our Additives and Functional Products business, we said would be moderately down sequentially on the Q1 call. With the pause in the tariffs and also the stable end markets, we actually see our Additives and Functional Products performing well and expect that it will actually be similar, if not a little better compared to Q1. ...
EMN Debuts Biodegradable Micropowder Esmeri CC1N10 for Color Cosmetics
ZACKS· 2025-06-05 15:36
Key Takeaways Eastman has launched Esmeri CC1N10, a biodegradable cellulose ester micropowder for color cosmetics. Esmeri meets EU microplastic regulations and enhances color, coverage, and skin-smoothing effects. Sourced from sustainably managed forests, Esmeri reflects EMN's commitment to sustainability and innovationEastman Chemical Company (EMN) announced the introduction of its readily biodegradable cellulose ester micropowder for color cosmetics, Esmeri CC1N10. This high-performance micropowder is s ...
Euro Manganese Closes C$11.2 million (A$12.3 million) Financing
Newsfile· 2025-05-28 23:07
Core Viewpoint - Euro Manganese Inc. has successfully closed a financing package totaling approximately C$11.3 million (A$12.3 million) to support the development of the Chvaletice Manganese Project following shareholder approval at the Annual General and Special Meeting [2][3][6] Financing Details - The financing package includes a private placement of common shares and CHESS Depositary Interests amounting to C$9.8 million (A$10.8 million) and a Share Purchase Plan raising A$1.5 million (C$1.4 million) [2][5][10] - The Placement involved the issuance of 54,578,350 New Securities, including 39,671,662 New Shares at C$0.18 each and 14,906,688 New CDIs at A$0.195 each [5][10] - The Share Purchase Plan consisted of 7,692,307 New CDIs at A$0.195 each, generating gross proceeds of A$1.5 million [10][11] Key Investors - Significant participation from the European Bank for Reconstruction and Development (EBRD) and Eric Sprott, with EBRD acquiring 21,400,000 units for C$3,852,000, increasing its ownership to 17.48% [18][19] - Eric Sprott acquired 16,666,666 units for C$3,000,000, representing approximately 11.7% of the outstanding shares on a non-diluted basis [21][22] Use of Proceeds - The net proceeds from the financing will be allocated to the ongoing development of the Chvaletice Manganese Project, including customer engagements, operation of the demonstration plant, and advancing permitting [3][6] Option Grant - The company granted stock options to directors, officers, employees, and consultants to purchase up to 7,020,000 common shares at an exercise price of CAD$0.19, with vesting schedules outlined [24][25] Company Overview - Euro Manganese is focused on producing high-purity manganese for the electric vehicle industry, advancing the Chvaletice Manganese Project in the Czech Republic, and exploring opportunities in Bécancour, Québec [27][28]
Euro Manganese Announces Closing Dates for Financing
Newsfile· 2025-05-22 12:00
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) (the "Company" or "Euro Manganese") is pleased to announce that, following approval by its shareholders at its Annual General and Special Meeting (ASGM) held on May 15, 2025, the Company expects to close its previously announced C$11.2 million (A$12.3 million) financing (the "Financing"), consisting of (i) a private placement of common shares and CHESS Depositary Interests (the "CDIs") in t ...
Euro Manganese Announces Results of Annual General and Special Meeting
Newsfile· 2025-05-15 22:10
Euro Manganese Announces Results of Annual General and Special MeetingMay 15, 2025 6:10 PM EDT | Source: Euro Manganese Inc.Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) (the "Company" or "EMN") is pleased to announce that shareholders have voted in favour of all matters of business brought before them at the Company's Annual General & Special Meeting of Shareholders (the "Meeting") held on May 15, 2025. Detailed results o ...
Eastman(EMN) - 2025 Q1 - Quarterly Report
2025-04-25 16:25
Financial Performance - Sales for Q1 2025 were $2,290 million, a slight decrease of 0.9% from $2,310 million in Q1 2024[15] - Gross profit increased to $567 million in Q1 2025, up 6.6% from $532 million in Q1 2024[15] - Net earnings attributable to Eastman rose to $182 million in Q1 2025, compared to $165 million in Q1 2024, reflecting a growth of 10.3%[15] - Basic earnings per share attributable to Eastman increased to $1.58 in Q1 2025, up from $1.40 in Q1 2024, representing a 12.9% increase[15] - The company reported a consolidated EBT of $214 million for Q1 2025, up from $214 million in Q1 2024, indicating consistent earnings before tax[15] - Net earnings for Q1 2025 were $182 million, an increase from $165 million in Q1 2024, representing an increase of 10.3%[91] - Basic earnings per share (EPS) for Q1 2025 were $1.58, compared to $1.40 in Q1 2024, reflecting a growth of 12.9%[91] Assets and Liabilities - Total assets decreased to $14,971 million as of March 31, 2025, down from $15,213 million at the end of 2024[17] - Total liabilities decreased to $9,027 million as of March 31, 2025, down from $9,361 million at the end of 2024[17] - Cash and cash equivalents decreased significantly to $418 million from $837 million at the end of 2024[17] - Total current liabilities decreased from $2,708 million as of December 31, 2024, to $2,269 million as of March 31, 2025, a reduction of 16.3%[17] - Total borrowings amounted to $5,021 million as of March 31, 2025, slightly up from $5,017 million as of December 31, 2024[38] Cash Flow - Net cash used in operating activities was $167 million in Q1 2025, compared to a net cash used of $16 million in Q1 2024[20] - The company reported a net cash used in investing activities of $131 million in Q1 2025, compared to $179 million in Q1 2024[20] Inventory and Expenses - Total inventories increased to $2,116 million as of March 31, 2025, compared to $1,988 million as of December 31, 2024, reflecting a 6.4% increase[34] - Research and development expenses rose to $67 million in Q1 2025, up from $59 million in Q1 2024, indicating a focus on innovation[15] - Capital expenditures for Q1 2025 were $139 million, compared to $147 million in Q1 2024, showing a decrease of 5.4%[107] Environmental Matters - The company’s net environmental reserve for environmental contingencies totaled $282 million as of March 31, 2025, compared to $284 million at December 31, 2024[74] - Estimated future environmental expenditures for undiscounted remediation costs range from $250 million to $503 million as of March 31, 2025[75] - Environmental remediation liabilities decreased from $252 million at December 31, 2024, to $250 million at March 31, 2025[76] - The company does not anticipate that environmental matters will have a material adverse effect on its future financial position or cash flows[73] Shareholder Returns - Cash dividends declared for the first quarter of 2025 were $96 million, reflecting a dividend of $0.83 per share[83] - Cash dividends declared were $0.83 per share for Q1 2025, compared to $0.81 per share in Q1 2024, reflecting a 2.5% increase[92] Derivatives and Hedging - The company entered into fixed-to-fixed cross-currency swaps totaling $300 million in the first quarter of 2025 to hedge against foreign currency fluctuations[52] - The total net derivative assets decreased from $35 million on December 31, 2024, to a net liability of $15 million as of March 31, 2025[61] - The company recognized a net gain of $3 million from foreign exchange derivatives in Q1 2025, compared to a net loss of $5 million in Q1 2024[67] Stock Options and Compensation - Share-based compensation expense recognized in Q1 2025 was $23 million, up from $21 million in Q1 2024, marking a 9.5% increase[99] - Approximately 408 thousand stock options were granted in Q1 2025, compared to 389 thousand in Q1 2024, indicating an increase in stock option grants[100] - The fair value of stock options granted in Q1 2025 was $26.99, up from $21.16 in Q1 2024, reflecting a 27.0% increase[101]
Eastman(EMN) - 2025 Q1 - Earnings Call Presentation
2025-04-25 15:40
1Q 2025 financial results Earnings referenced in this presentation and the accompanying prepared remarks exclude certain non-core items. "Adjusted EBIT" is Earnings Before Interest and Taxes ("EBIT") adjusted for non-core items. "Adjusted EBIT Margin" is Adjusted EBIT divided by GAAP sales. "Adjusted EBITDA" is Earnings Before Interest, Taxes, Depreciation, and Amortization adjusted for non-core items. "Net Debt" is total borrowings less cash and cash equivalents. "Net Debt to Adjusted EBITDA" is Net Debt d ...