Eastman Confident Company Is Well Positioned Financially During COVID-19 Crisis

Kingsport’s Eastman Chemical Company says it remains confident the company is well-positioned financially and has a strong foundation during the current COVID-19 pandemic.

The huge chemical manufacturer has a plant in Huwan, where the first case of COVID-19 was reported. Company CEO Mark Costa attributed the strong financial report due to the company’s strong cash flow, a solid balance sheet and it’s significant sources of liquidity, including a one and a half billion dollar revolving credit facility.