Eastman Chemical Gains on Cost Actions & Innovation Amid Demand Woes
EMNEastman(EMN) ZACKS·2024-10-11 23:00

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) and 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 ...