Friday, March 05, 2010

Power outage at Eastman Chemical’s Texas facility could cut per-share profits in Q1-10

Eastman Chemicals’ plant in Longview, east of Dallas makes more than 40 chemical and polymer products. The plant has been shut on February 20 on account of a power outage. Some equipment was damaged dduring an attempted restart and operations are not expected to return to normal until later in the month.

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