SUGAR LAND, TX, Sep. 17, 2009 (Marketwire) --

SUGAR LAND, TX -- (Marketwire) -- 09/17/09 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- At the recent J.P. Morgan 4th Annual Diversified Industries Conference in New York, New York, Eastman Chemical Company (NYSE:EMN) (Kingsport, Tennessee) Vice President and Chief Financial Officer Curt Espeland spoke about the difficulties faced by Eastman during the current economic recession and the outlook for the company. "Things have been extremely difficult for Eastman in the fourth quarter of last year for all the reasons we've discussed in the past, and they've remained difficult to a greater extent for the good part of this year. However... our second quarter results did improve across the company," said Espeland, who also announced that the company's $1.5 billion coal gasification plant in Beaumont, Texas, would not be operational before the end of 2013, as originally planned.

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