KINGSPORT, Tenn., Feb. 14, 2024 /PRNewswire/ -- Eastman (NYSE: EMN) today announced a long-term agreement with Nord Pal Plast SA part of Dentis Group, a leading Italian multinational company specializing in the recovery and mechanical recycling of PET packaging waste. Through its mechanical recycling sites in France (Nord Pal Plast SA), Spain (PET COMPAÑÍA PARA SU RECICLADO) and Italy (Dentis Recycling Italy Srl), Dentis will provide 30,000 metric tonnes per year of rejected PET post-consumer waste to Eastm ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K 200 South Wilcox Drive (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 1-12626 EASTMAN CHEMICAL COMPANY (Exact name of registrant as specified in its charter ...

Eastman Chemical Company (EMN) and Rumpke Waste & Recycling have formed an alliance to address the global plastic waste challenge. Rumpke will start collecting and sorting hard-to-recycle and colored PET packaging waste later this year, materials that are typically overlooked in today's recycling ecosystem and will use 100% of this waste stream as feedstock for Eastman's molecular recycling process.  Eastman will then employ its molecular recycling technology to convert this waste stream into virgin quality ...

Eastman Chemical Company (NYSE:EMN) Q4 2023 Earnings Conference Call February 2, 2024 8:00 AM ET Company Participants Greg Riddle - Investor Relations Mark Costa - Chief Executive Officer William McLain - Chief Financial Officer Conference Call Participants Josh Spector - UBS David Begleiter - Deutsche Bank Frank Mitsch - Fermium Research Patrick Cunningham - Citigroup Vincent Andrews - Morgan Stanley Michael Leithead - Barclays Jeff Zekauskas - JPMorgan John Roberts - Mizuho Mike Sison - Wells Fargo Alekse ...

Eastman Chemical Company (EMN) recorded a fourth-quarter 2023 profit of $310 million or $2.61 per share compared with $1 million or a penny per share in the year-ago quarter.Barring one-time items, earnings were $1.31 per share, up from 89 cents in the year-ago quarter. Earnings surpassed the Zacks Consensus Estimate of $1.28.Revenues declined around 7% year over year to $2,207 million in the quarter. The figure beat the Zacks Consensus Estimate of $2,166.7 million. Lower sales volumes due to weak end-marke ...

Loading...Loading...During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Here's a look at the most recent high-yield di ...

For the quarter ended December 2023, Eastman Chemical (EMN) reported revenue of $2.21 billion, down 7% over the same period last year. EPS came in at $1.31, compared to $0.89 in the year-ago quarter.The reported revenue represents a surprise of +1.86% over the Zacks Consensus Estimate of $2.17 billion. With the consensus EPS estimate being $1.28, the EPS surprise was +2.34%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Eastman Chemical (EMN) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.34%. A quarter ago, it was expected that this specialty chemicals maker would post earnings of $1.45 per share when it actually produced earnings of $1.47, delivering a surprise of 1.38%.Over the last four quarte ...

Eastman Chemical Company (EMN) and Swiss Eyewear Group (“SEG”) have collaborated to launch SEG's INVU 10th anniversary eyewear collection with Tritan Renew. Eastman’s Tritan Renew is used in every frame of the innovative eyewear series. The collection also includes a selection of polarized lenses that will enhance style while protecting eyes with unmatched clarity.INVU by SEG has established itself as an industry leader, consistently pushing the limits of frame and lens materials while remaining affordable ...

Eastman Chemical Company (EMN) is scheduled to release fourth-quarter 2023 results after the closing bell on Feb 1.The company surpassed Zacks Consensus Estimate for earnings in three of the last four quarters while missing it once. It delivered a trailing four-quarter earnings surprise of around 1.9% on average. It pulled off an earnings surprise of 1.4% in the last reported quarter.Eastman is expected to have benefited from cost-cutting and productivity initiatives, as well as its innovation-driven growth ...