DATE : 2014-07-02

 

On 13 Jun 2014, Eastman Chemical Company announced that operations at its Kingsport, TN, US, site have been substantially restored following an unplanned shutdown on 4 Jun 2014. Eastman has made tremendous progress in bringing the plant back online in a safe and orderly manner with no material financial impact. Based on current information, the company projects the shutdown will negatively impact earnings $0.05-0.10/share, and continues to expect FY 2014 earnings per share to be $6.70-7.00/share. Non-core and non-recurring items are excluded from the earnings per share

projection.

 

SOURCE Icis News