NYSE:EMNChemicals
Eastman Chemical Targets Fibers Turnaround With Cost Cuts And ETP Project
Eastman Chemical (NYSE:EMN) is pushing ahead with cost reductions and product diversification to stabilize its Fibers business.
The company is advancing its ETP project, aimed at improving profitability within the Fibers segment.
These moves are intended to address challenging market conditions and support future earnings for the Fibers portfolio.
Eastman Chemical, trading at $71.48, has seen mixed share performance, with a 3.8% return over the past week and 11.1% over the past month,...