Eastman Q1-10 financial results showed that its Performance Polymers unit including PET posted an operating loss of US$13 mln despite a growth in sales figure by 18%. Based on sales, the Performance PPolymers segment constituted the smallest of Eastman’s five reporting segments in Q1 and the only one to show an operating loss.
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Wednesday, April 28, 2010
Eastman Chemical mulls sale of PET business after it recorded operating loss in Q1-10
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