Eastman Chemical Firm anticipates its recent critical efforts to result in a doubling of incomes per share to US$ 10 by 2012. Eastman expects its previously revealed industrial gasification projects in Texas and also Louisiana to contribute about $2 per share by 2012. drilling mud additives for these jobs consist of:

Completing the front end engineering and also layout (FEED) process in the 2nd half of 2008;

Getting project funding by the end of 2008;

Breaking ground in very early 2009;

Bringing the centers online by 2011.

Eastman anticipates the development campaigns for its Specialty Plastics, Fibers and also Performance Polymers segments to add regarding $3 per share by 2012. Eastman's milestones for improving success in Specialty Plastics:

Transforming 50,000 metric lots of ANIMAL capacity to copolyester by mid year 2008 as well as converting an additional 50,000 metric tons by 2010;

Enhancing income from cellulose esters made use of in LCD displays to US$ 100 million in 2009 from about US$ 50 million in 2007; and also Proceeded progress with the commercialization of its high performance copolyesters, such as Eastman Tritan ™ copolyester, which has actually been well gotten given that its November 2007 launch.

For Efficiency Polymers, the company anticipates reduced single number positive operating margins for complete year 2008 and to come close to 10% operating margins for full year 2009. To attain these results, Eastman expects to: Shut the sale of its remaining European FAMILY PET production centers by the end of the very first quarter of 2008, completing the divestitures of non-strategic PET DOG manufacturing centers outside the UNITED STATE; Shut down another 300 thousand metric tons of standard PET polymers capacity at the South Carolina making center by mid year 2008, causing over 400,000 metric lots of decreased conventional PET DOG capacity considering that 2007; Total the shutdown of Eastman's much less efficient DMT intermediates assets at the South Carolina facility as well as boost PTA intermediates capacity by the middle of 2008; Eliminate about US$ 30 million of annual costs at the South Carolina website by the center of 2008; as well as Expand ANIMAL capability based on IntegRex modern technology at the South Carolina center by 50% by the end of 2008.