Eastman Looking Forward…Working To Control Costs

Increases in new business revenue from innovation remains a bright spot as Kingsport’s Eastman Chemical Company struggled through the third quarter, mainly due to the ongoing U.S.-China trade war. Global economic conditions worsened during the third quarter, but Eastman Board Chair and CEO, Mark Costa says Eastman continues to move forward as they remain focused on what they can control.

(:06)…to manage cost better, accelerate innovation programs and remain disciplined with discretionary spending among other actions.

Costa also reported Eastman delivered a strong free cash flow, which he says is a priority for the company in the current difficult business environment.