Eastman (EMN) Gains on Cost Cuts & Innovation Amid Demand Woes
Eastman(EMN) ZACKS·2024-08-15 23:01
Eastman Chemical Company (EMN) is benefiting from cost-cutting and productivity actions as well as its innovation-driven growth model amid challenges from soft demand in certain markets. Eastman Chemical, which is among the prominent players in the chemical space along with Dow Inc. (DOW) , Celanese Corporation (CE) , Air Products and Chemicals, Inc. (APD) , is expected to benefit from lower operating costs from its operational transformation program in 2024. EMN is taking action to keep its manufacturing a ...