Eastman Chemical traded at $71.58 this Friday May 15th, decreasing $0.89 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, Eastman Chemical lost 2.41 percent. Over the last 12 months, its price fell by 13.32 percent. Looking ahead, we forecast Eastman Chemical to be priced at 70.14 by the end of this quarter and at 66.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Eastman Chemical Company is a global materials company. The Company's segments include Additives & Functional Products (AFP), Advanced Materials (AM), Chemical Intermediates (CI) and Fibers. In the AFP segment, it manufactures chemicals for products in the coatings, tires, consumables, building and construction, industrial applications, including solar energy markets, animal nutrition, care chemicals, crop protection and energy markets. In the AM segment, it produces and markets its polymers, films and plastics with differentiated performance properties for end uses in transportation, consumables, building and construction, durable goods and health and wellness products. The CI segment leverages vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support its specialty operating segments. Its product lines in Fibers segment include Acetate Tow, Acetate Yarn and Fiber, and Acetyl Chemical Products.