Eastman Chemical to Invest in Interlayers Production in Europe

Zacks11-19 19:57

Eastman Chemical Company EMN recently stated that it will invest in upgrading and expanding its extrusion capability for producing Interlayers product lines at its Ghent, Belgium, manufacturing site. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484942764?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/rkRlfJUbFheDXif9qCKV2A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/236d157ebb08cbf8ff3dbacf7ce7623b","is_english":true,"pubTime":"2024-11-19 19:57","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2484942764","market":"us","top_or_hot":-1,"title":"Eastman Chemical to Invest in Interlayers Production in Europe","media":"Zacks","content":"<div>\n<p>Eastman Chemical Company EMN recently stated that it will invest in upgrading and expanding its extrusion capability for producing Interlayers product lines at its Ghent, Belgium, manufacturing site. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/eastman-chemical-invest-interlayers-production-115700456.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eastman Chemical to Invest in Interlayers Production in Europe</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEastman Chemical to Invest in Interlayers Production in Europe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 19:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/eastman-chemical-invest-interlayers-production-115700456.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Eastman Chemical Company EMN recently stated that it will invest in upgrading and expanding its extrusion capability for producing Interlayers product lines at its Ghent, Belgium, manufacturing site. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/eastman-chemical-invest-interlayers-production-115700456.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4017","symbol_name":"黄金","start_time":0,"source_url":"https://finance.yahoo.com/news/eastman-chemical-invest-interlayers-production-115700456.html","article_id":"2484942764","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/rkRlfJUbFheDXif9qCKV2A--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/236d157ebb08cbf8ff3dbacf7ce7623b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484942764","pubTimestamp":1732017420,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Eastman Chemical Company EMN recently stated that it will invest in upgrading and expanding its extrusion capability for producing Interlayers product lines at its Ghent, Belgium, manufacturing site. The investment will enhance Eastman's supply capacity for Saflex polyvinyl butyral  products in the Automotive Premiums sector and position it for future growth in automotive and architecture segments. The project is expected to be completed by 2026.Strong macrotrends in expanding connectivity, autonomous driving and electrification are driving growing demand for Eastman's Automotive Premium products, which include Saflex Horizon Vision for head-up displays, the Saflex color and solar portfolio and novel solutions such as Evoca RSL for electric vehicles. This investment will support the company's innovation-driven growth strategy and give more service differentiation to clients.Saflex interlayers are constructed of PVB films laminated between two sheets of glass. Eastman's PVB interlayers ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4017":"黄金","BK4588":"碎股","CRS":"卡朋特科技","BK4109":"特种化学制品","EMN":"伊士曼化工","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4093":"化肥与农用药剂","BK4006":"钢铁","IAG":"IAMGOLD Corp","BK4098":"多种化学制品","CF":"CF工业","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4585":"ETF&股票定投概念"},"translate_title":"伊士曼化学将在欧洲投资夹层生产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CF":1,"CRS":1,"EMN":1,"IAG":1},"content_text":"Eastman Chemical Company EMN recently stated that it will invest in upgrading and expanding its extrusion capability for producing Interlayers product lines at its Ghent, Belgium, manufacturing site. The investment will enhance Eastman's supply capacity for Saflex polyvinyl butyral (PVB) products in the Automotive Premiums sector and position it for future growth in automotive and architecture segments. The project is expected to be completed by 2026.Strong macrotrends in expanding connectivity, autonomous driving and electrification are driving growing demand for Eastman's Automotive Premium products, which include Saflex Horizon Vision for head-up displays, the Saflex color and solar portfolio and novel solutions such as Evoca RSL for electric vehicles. This investment will support the company's innovation-driven growth strategy and give more service differentiation to clients.Saflex interlayers are constructed of PVB films laminated between two sheets of glass. Eastman's PVB interlayers improve automotive and architectural glass lamination in a variety of ways, including solar management, noise reduction, safety, security and ultraviolet protection. Interlayers is part of Eastman's Advanced Materials business segment.Eastman Chemical’s shares have surged 27% over a year compared with industry’s 1.1% rise.\nImage Source: Zacks Investment Research\nThe company expects earnings per share for 2024 to be between $7.50 and $7.70. EMN expects operating cash flow to total $1.3 billion in 2024.Eastman anticipates normal seasonal volume declines across most of its end markets in the fourth quarter. It expects to continue leveraging its innovation-driven growth model to drive growth.\n\nEastman Chemical Company Price and Consensus\n  \nEastman Chemical Company price-consensus-chart | Eastman Chemical Company Quote\n\nEMN’s Rank & Key Picks\nEMN currently carries a Zacks Rank #3 (Hold).Better-ranked stocks in the basic materials space include Carpenter Technology Corporation CRS, IAMGOLD Corporation IAG and CF Industries Inc. CF. Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 14.1%. The company's shares have soared 157.2% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.The Zacks Consensus Estimate for IAG’s current-year earnings is pegged at 56 cents, indicating a year-over-year rise of 522.2%. The Zacks Consensus Estimate for IAG's current-year earnings has been going up in the past 30 days. IAG, a Zacks Rank #2 (Buy) stock, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 203.4%. The company's shares have rallied roughly 112% in the past year.The Zacks Consensus Estimate for CF’s current-year earnings is pegged at $6.32 per share. CF, a Zacks Rank #1 stock, beat the consensus estimate in two of the last four quarters while missed twice, with the average earnings surprise being 10.3%. CF has rallied around 13.1% in the past year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCF Industries Holdings, Inc. (CF) : Free Stock Analysis Report\nCarpenter Technology Corporation (CRS) : Free Stock Analysis Report\nEastman Chemical Company (EMN) : Free Stock Analysis Report\nIamgold Corporation (IAG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484942764"}