EASTMAN CHEMICAL


Associated tags: Quality of life, Transport, Safety, Plastics, Manufacturing, Chemicals, Packaging, EMN, NYSE, Eastman Chemical Company, Eastman

Locations: EUROPE, USA, SG, UNITED STATES, NORTH AMERICA, TENNESSEE, EASTMAN, COSTA, CHINA

Eastman Announces 2024 Annual Meeting Stockholder Vote Results

Retrieved on: 
Thursday, May 2, 2024

At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders:

Key Points: 
  • At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders:
    ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2024; and
    Additional information about each of the matters acted upon by stockholders at the annual meeting is in the proxy statement that was furnished to stockholders in connection with the meeting.
  • The final vote totals for the matters acted upon by stockholders at the annual meeting will be reported in a Form 8-K filing with the SEC and also posted on investors.eastman.com .
  • Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day.
  • As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries.

Eastman Board Declares Dividend

Retrieved on: 
Thursday, May 2, 2024

The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.81 per share on the company's common stock.

Key Points: 
  • The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.81 per share on the company's common stock.
  • The dividend is payable July 9, 2024, to stockholders of record as of June 17, 2024.
  • Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day.
  • As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries.

Eastman Announces First-Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024

Achieving this milestone is a direct result of years of commitment and dedication from hundreds of Eastman employees and the support of their families.

Key Points: 
  • Achieving this milestone is a direct result of years of commitment and dedication from hundreds of Eastman employees and the support of their families.
  • Priorities for uses of available cash for 2024 include organic growth investments, payment of the quarterly dividend, bolt-on acquisitions, and share repurchases.
  • Commenting on the outlook for full-year 2024, Costa said: “We delivered strong first-quarter results that were above our expectations, reflecting both better than expected sales volume/mix and continued pricing discipline.
  • Our financial results forecasts do not include non-core items (such as mark-to-market pension and other postretirement benefit gain or loss, and asset impairments and restructuring charges) or any unusual or non-recurring items because we are unable to predict with reasonable certainty the financial impact of such items.

Eastman Honored as a 2024 VETS Indexes 4-Star Employer

Retrieved on: 
Thursday, April 11, 2024

Eastman is proud to announce that the company has earned the designation of VETS Indexes 4-Star Employer for 2024.

Key Points: 
  • Eastman is proud to announce that the company has earned the designation of VETS Indexes 4-Star Employer for 2024.
  • “Competition for the VETS Indexes Employer Awards was tougher than ever in 2024, as a record number of organizations participated.
  • The VETS Indexes Employer Awards program has set a new standard in veteran employment data.
  • This in-depth survey and recognition program analyzes employers’ policies, practices, and outcomes in detail, across the following 5 categories:
    For more information about the process and methodology behind the VETS Indexes Employer Awards, please click this link: https://vetsindexes.com/employer-awards-methodology .

Eastman Schedules First-Quarter 2024 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

Retrieved on: 
Thursday, April 4, 2024

Advance slides and prepared remarks: posted Thursday, April 25, evening at investors.eastman.com

Key Points: 
  • Advance slides and prepared remarks: posted Thursday, April 25, evening at investors.eastman.com
    Teleconference: Toll-Free dial-in number +1 (833) 470-1428 Passcode: 896570
    To speed up connecting into the teleconference, a pre-registration link for participants is available below.
  • Upon registration, participants will receive unique dial-in information via email.
  • A webcast replay, as well as a replay in downloadable MP3 format, will be available at investors.eastman.com .
  • Telephone replay available continuously beginning at approximately 1:00 p.m. Eastern Time, April 26, 2024, through 11:59 p.m. Eastern Time, May 6, 2024, Toll Free at +1 (866) 813-9403, passcode 784138.

Eastman Molecular Recycling Facility Achieves On-Spec Initial Production and Is Generating Revenue

Retrieved on: 
Thursday, March 21, 2024

Eastman (NYSE: EMN) today announced it has achieved on-spec initial production and is generating revenue from its new molecular recycling facility in Kingsport, Tennessee.

Key Points: 
  • Eastman (NYSE: EMN) today announced it has achieved on-spec initial production and is generating revenue from its new molecular recycling facility in Kingsport, Tennessee.
  • The company expects to ramp up production of the new facility over the coming months and enable growth across a wide range of markets.
  • “By demonstrating molecular recycling at this scale, we have solidified our position as a leader in the creation of a circular economy.
  • In addition to this recently completed facility in Kingsport, Eastman plans to invest in two additional molecular recycling plants, one in France and another U.S. site.

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Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PLTR, AMD, AAPL, SOUN, and EMN.

Key Points: 
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Eastman selected by U.S. Department of Energy to Receive up to $375 million investment for its second U.S. molecular recycling project

Retrieved on: 
Monday, March 25, 2024

KINGSPORT, Tenn., March 25, 2024 /PRNewswire/ -- Eastman (NYSE: EMN) today announced significant progress towards its leadership in the circular economy.

Key Points: 
  • The DOE announcement led to Eastman announcing the intent to build a second U.S. molecular recycling facility at its location in Longview, Texas.
  • The Longview molecular recycling facility will have the capacity to recycle approximately 110,000 metric tonnes of hard-to-recycle plastic waste.
  • "We are excited to build our second U.S. world-scale molecular recycling facility at our existing site in Texas," said Mark Costa, Board Chair and CEO.
  • The company was selected by the DOE to accelerate the demonstration of industry-leading low-carbon intensity recycled PET with this project.

Eastman CFO Willie McLain to address the J.P. Morgan Industrials Conference

Retrieved on: 
Thursday, March 7, 2024

Willie McLain, Executive Vice President and Chief Financial Officer, Eastman Chemical Company (NYSE:EMN), will address the J.P. Morgan Industrials Conference on March 14, 2024 at 8:30 a.m.

Key Points: 
  • Willie McLain, Executive Vice President and Chief Financial Officer, Eastman Chemical Company (NYSE:EMN), will address the J.P. Morgan Industrials Conference on March 14, 2024 at 8:30 a.m.
  • ET.
  • An audio replay of the presentation will be available at investors.eastman.com , events & presentations.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240307595967/en/

Eastman CEO Mark Costa to address the Barclays Industrial Select Conference

Retrieved on: 
Thursday, February 15, 2024

Mark Costa, Board Chair and Chief Executive Officer, Eastman Chemical Company (NYSE:EMN), will address the Barclays Industrial Select Conference on February 22, 2024 at 10:20 a.m.

Key Points: 
  • Mark Costa, Board Chair and Chief Executive Officer, Eastman Chemical Company (NYSE:EMN), will address the Barclays Industrial Select Conference on February 22, 2024 at 10:20 a.m.
  • ET.
  • An audio replay of the presentation will be available at investors.eastman.com , events & presentations.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240215985448/en/