Lanxess and Eastman Chemical Company announced a partnership to develop sustainable polyurethanes. The two companies will work together to develop new polyurethanes that are based on renewable resources and that have a lower environmental impact. The goal of the partnership is to create polyurethanes that meet the performance requirements of customers while also being more sustainable.
Eastman Chemical Company reported strong earnings for the first quarter of 2023. The company's earnings per share were USD 2.22, which exceeded analysts' expectations of USD 2.05. Eastman's sales were USD 2.9 billion. The company's strong results were driven by strong demand for its products, particularly in the agricultural and specialty plastics markets.
Author Credits: Rajrani Baghel
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