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StockNews.com
StockNews.com
Business
Imon Ghosh

Here's Why You Should Add Eastman Chemical Stock to Your Portfolio Now

Global specialty materials supplier Eastman Chemical Company (EMN) in Kingsport, Tenn., produces a broad range of innovative products and solutions used in construction, consumables, transportation, and other markets. Its record growth in sales revenue driven by an innovation-led growth model has enabled EMN to maintain strong cash flow and make significant progress in the fourth quarter of 2021. 

Investor optimism surrounding the specialty chemicals company’s plans to invest up to $1 billion to build the world’s largest molecular-plastic recycling facility in France has helped its stock gain 7.4% in price over the past three months.

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