Eastman Chemical Q4 Earnings Call Highlights

Progress in Aventa (currently in “corporate other”), with volume expected to build in applications such as food trays, cutlery, and straws.Textiles growth expected to return “slowly,” with expanded efforts beyond Naia filament into staple fiber (a larger, more economic market such as denim and fleece) to help utilization.Company-wide cost reductions of 125millionto125 million to 150 million (in addition to $100 million achieved last year), with a “decent portion” benefiting Fibers.On tow, Costa said Eastman believes ...

Eastman Chemical Q4 Earnings Call Highlights - Reportify