Eastman Chemical, Based In Kingsport Is Reporting Less Earnings In The Third Quarter. The Company’s Earnings Were $256 Million, Which Was 21% Below The Same Period A Year Earlier. The Chemical Giant Also Said Its Expect To Begin Producing And Selling Material From Its Kingsport Methanolysis Facility By The End Of The Year. It Used Molecular Recycling To Break Discarded Or Recycled Materials. The Company’s Earnings Per Share Was $1.49, Which Was Slightly Better Than Wall Street Estimates. Eastman Predicts A Softening Of Sales Moving Into The Fourth Quarter.
