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More PET

Alpek licenses PTA to M&G, pays $350M for PET offtakeTime running out for debt-burdened PET producer La SedaToray produces biobased PBT, plans commercial-scale production unitBrazil proposes measures to stimulate the petrochemical and ethanol industriesAlpek licenses PTA to M&G project, buys PET offtake rights for $350 million

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Eastman Earnings Gain on Strong Performance Chemicals ResultsAlfa Acquires Eastman PET Plants in Latin AmericaIndorama May Acquire Eastman’s European PTA and PET AssetsEastman Fourth-Quarter Earnings to Beat EstimatesEastman to Beat First-Quarter Estimates

Markets :: Plastics :: PET

Eastman Earnings Gain 24% as PET Losses Narrow

10:32 AM MDT | April 25, 2008 | Robert Westervelt

Eastman Chemical posted earnings from continuing operations of $115 million, a 24% gain over the year-ago quarter on strength in fibers and narrower losses in PET. Sales increased 6%, to $1.72 billion....

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