Posted：
Source：PlastiComp

Eastman Chemical Co. said its second-quarter earnings rose 11% as the chemical and materials company reported improved sales across most of its major business segments that offset weakness at its specialty fluids and intermediates segment, said The Wall Street Journal.

Eastman, which makes chemicals, plastics and synthetic fibers, has continued to grow through acquisitions. Eastman Chemical reported a profit of USD292 million, or USD1.93 a share, up from USD264 million, or USD1.69 a share, a year earlier. Excluding acquisition impacts and other items, adjusted earnings from continuing operations rose to USD1.92 from USD1.80. Revenue increased 0.8% to USD2.46 billion.

As MRC wrote before, earlier this year, Eastman Chemical Company, a global specialty chemical company, enhanced its medical packaging portfolio with Eastalite copolyester, the company’s first opaque offering, which is styrene-free and can be a sustainable alternative to high-impact polystyrene (HIPS).

Eastman (headquartered in Kingsport, Tennessee, USA) is a global specialty chemical company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables.