Adhesives & Sealants Headlines

Eastman Reports Third Quarter Loss

Eastman Chemical Co. has reported a large third quarter loss Thursday, blaming restructuring and tax charges, reported the Associated Press. The company reported a net loss of $336 million, or $4.35 a share, compared with earnings of $24 million, or 31 cents a share, a year earlier. Restructuring charges for the quarter were $496 million, which was less than the company anticipated. Excluding the charges, the company earned 26 cents a share. That fell short of the consensus estimate of analysts surveyed by Thomson First Call who expected earnings of 28 cents a share. Third quarter sales totaled $1.44 billion, a 5 percent increase over revenues of $1.37 billion in the third quarter of 2002.

For more information, call 423-229-2000.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!


ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI June 2015 cover

2015 June

Welcome to our annual Dispensing & Curing Equipment Directory!
Table Of Contents Subscribe

Better Jobs

Is the economy prompting you to consider leaving your job for a better one?
View Results Poll Archive


Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 


facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.