Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €69.51 EUR
Change Today -0.51 / -0.73%
Volume 0.0
EAC On Other Exchanges
Symbol
Exchange
New York
As of 1:35 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

eastman chemical co (EAC) Snapshot

Open
€69.44
Previous Close
€70.02
Day High
€70.06
Day Low
€69.14
52 Week High
04/21/15 - €71.44
52 Week Low
10/15/14 - €55.00
Market Cap
10.4B
Average Volume 10 Days
19.8
EPS TTM
--
Shares Outstanding
149.0M
EX-Date
03/12/15
P/E TM
--
Dividend
€1.64
Dividend Yield
1.77%
Current Stock Chart for EASTMAN CHEMICAL CO (EAC)

eastman chemical co (EAC) Details

Eastman Chemical Company, a specialty chemical company, manufactures and sells materials, chemicals, and fibers in the United States and internationally. The company’s Additives & Functional Products segment offers solvents, such as specialty coalescents and ketones and esters, glycol ethers, and alcohol solvents; cellulose and polyester-based specialty polymers, and paint additives; insoluble sulfur products; antidegradants; hydrocarbon resins; specialty intermediates, performance products, and formic acid; and alkylamine derivatives. This segment’s products are used in coatings and tire industries in transportation, building and construction, durable goods, and consumables markets. Its Adhesives & Plasticizers segment manufactures adhesives resins and plasticizers used in the consumables, building and construction, health and wellness, industrial chemicals and processing, and durable goods markets. The company’ Advanced Materials segment provides specialty copolyesters, cellulose esters, interlayers, and aftermarket window film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. Its Fibers segment offers Estron acetate tow and Estrobond triacetin plasticizers for manufacturing cigarette filters; Estron natural and Chromspun solutions dyed acetate yarns for use in apparel, home furnishings, and industrial fabrics; and cellulose acetate flake and acetyl raw materials, as well as acetyl chemical products. Its Specialty Fluids & Intermediates segment provides specialty fluids, acetyl chemical intermediates, olefin derivatives, specialty fluids, and alkylamines used in industrial chemicals and processing, building and construction, health and wellness, and agriculture markets. This segment also offers aviation turbine oil. The company also offers wet-laid nonwovens and specialty films. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

15,000 Employees
Last Reported Date: 02/27/15
Founded in 1920

eastman chemical co (EAC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $987.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $627.1K
Chief Operating Officer
Total Annual Compensation: $751.0K
Executive Vice President
Total Annual Compensation: $551.3K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $497.7K
Compensation as of Fiscal Year 2014.

eastman chemical co (EAC) Key Developments

Eastman Chemical Company Announces Plans to Launch Several New Amorphous Polyolefin Product Grades in 2015

Eastman Chemical Company announced plans to launch several new amorphous polyolefin (APO) product grades in 2015. These launches are made possible by upgrades at the company's Longview, Texas site, including enhanced capability to deliver molten product to customers and improvements of existing equipment to handle new production. The announcement marks Eastman's first new polyolefin product launch in several years. The company will begin in the second half of 2015 with an offering of butene-free APO grades for the hygiene and packaging markets, products it intends to help meet global market demand for low odor and lower temperature sprayability.

Eastman Chemical Co., Prestige Mold Incorporated Develop First-Of-its-Kind Multi-Cavity Mold for Intricate Medical Devices

Eastman Chemical Company and Prestige Mold Incorporated have collaborated to create a first-of-its-kind multi-cavity, hot runner mold for producing intricate medical parts. The specialty chemical company and precision mold manufacturer proactively created the 32-cavity mold specifically for Eastman Tritan copolyester to address future customer needs for durable medical device parts free of bisphenols A and S. Through the mold development, the companies also learned how to streamline future project startups and processes, while reducing project costs.

Eastman Chemical to Close Workington Acetate Tow Manufacturing Site

Eastman Chemical Co. announced it has decided to close its Workington, UK, acetate tow manufacturing site. Production at the site will cease in April, and site closure is expected to be completed in the third quarter of 2015. As previously announced, Eastman entered the consultation process with employee and union representatives in response to changes in global market demand for acetate tow. The Workington site has 24,000 metric tons of acetate tow manufacturing capacity. Projected savings from the closure are annual operating costs of approximately $20 million and a total of approximately $20 million of infrastructure capital expenditures planned for the next five years. This action will result in shut down costs and restructuring charges totaling approximately $100 million primarily in the first half of 2015, approximately $80 million of which are non-cash.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EAC:GR €69.51 EUR -0.51

EAC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Celanese Corp $65.85 USD +0.75
Koninklijke DSM NV €51.97 EUR -0.03
LANXESS AG €49.75 EUR +0.227
Sekisui Chemical Co Ltd ¥1,633 JPY -12.00
Solvay SA €134.65 EUR +0.05
View Industry Companies
 

Industry Analysis

EAC

Industry Average

Valuation EAC Industry Range
Price/Earnings 15.2x
Price/Sales 1.2x
Price/Book 3.2x
Price/Cash Flow 15.0x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EASTMAN CHEMICAL CO, please visit www.eastman.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.