Eastman (EMN) Chosen by DOE for Up to $375M Investment [Yahoo! Finance]
Eastman Chemical Company (EMN)
Last eastman chemical company earnings: 5/1 04:00 pm
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Source: Yahoo! Finance
The Department of Energy ("DOE") has selected it as one of 33 businesses to participate in award talks to support Eastman's second molecular recycling facility in the United States. The DOE has selected Eastman's second molecular recycling project in the United States to begin award discussions for up to $375 million in Bipartisan Infrastructure Law and Inflation Reduction Act financing through the Industrial Demonstrations Program. Following the DOE announcement, Eastman announced plans to construct a second molecular recycling facility in Longview, TX. The Longview site was chosen owing to synergies with existing infrastructure and operations, advantageous energy supply and footprint, and proximity to western and central U.S. feedstock pools. The location also allows for onsite renewable energy. The investment will cover activities to prepare mixed plastic trash for processing, Eastman's next-generation molecular recycling unit to depolymerize waste and a polymer factory to prov
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News
- Fatty Acid Market To Reach USD 55.5 Billion By 2032, Report By DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Eastman Board Declares DividendBusiness Wire
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- PVC Additives Market Size to Worth $10.7 Billion by 2032 | CAGR: 5.8%: AMR [Yahoo! Finance]Yahoo! Finance
- Eastman Chemical (NYSE: EMN) had its price target raised by analysts at Royal Bank of Canada from $100.00 to $104.00. They now have a "sector perform" rating on the stock.MarketBeat
EMN
Earnings
- 4/25/24 - Beat
EMN
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- EMN's page on the SEC website