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... Eastman Reports Rise in Earnings

1:37 PM MDT | July 25, 2007 | Chemical Week Editorial Staff

Eastman Chemical reported fourth-quarter net income up 44%, to $95 million ($1.12/share), including special items. Sales rose 1%, to $1.75 billion. The coatings, adhesives, specialty polymers, and inks division reported operating income up 56%, to $53 million, on sales up 6%, to $343 million. Results were up because of higher selling prices, lower raw material and energy costs, and an improved product mix resulting from higher sales volumes for coating additives product lines, Eastman...

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