Eastman Chemical Company announced earnings from continuing operations. Reported results from continuing operations were a loss of $0.35 per wool yarn suppliers diluted share in fourth quarter 2012 and earnings of $0.09 per diluted share in fourth quarter 2011.Corporate 4Q 2012 versus 4Q 2011Sales revenue for fourth quarter 2012 was $2.2 billion, a 26 percent increase compared with fourth quarter 2011. Fourth quarter 2012 included sales revenue from the acquired Solutia businesses. Pro forma combined sales revenue declined 4 percent due primarily to lower selling prices.

The lower selling prices were primarily due to lower raw material and energy costs.Operating results in fourth quarter 2012 were a loss of $44 million compared to operating earnings of $19 million in fourth quarter 2011. Excluding mark-to-market pension and other post-retirement benefits (MTM) losses in both periods and asset impairments and restructuring charges and Solutia acquisition-related costs in fourth quarter 2012, operating earnings were $326 million in fourth quarter 2012 and $178 million in fourth quarter 2011.Fourth quarter 2012 included operating earnings from the acquired Solutia businesses. Pro forma combined operating earnings, excluding MTM losses, asset impairments and restructuring charges, and Solutia acquisition-related costs, were $326 million in fourth quarter 2012 compared with $255 million in fourth quarter 2011. Pro forma combined operating earnings increased primarily due to lower raw material and energy costs more than offsetting lower selling pricesCorporate FY 2012 Wholesale Cashmere Yarn Suppliers versus FY 2011Earnings from continuing operations, excluding the items described in the ldquo;Non-GAAP Items and Pro Forma Combined Results were $5.38 per diluted share for full year 2012 versus $4.81 per diluted share for full year 2011.

Reported earnings from continuing operations were $2.92 per diluted share in full year 2012 and $4.24 per diluted share in full year 2011.Eastman#39;s full-year 2012 sales revenue was $8.1 billion, an increase of 13 percent year over year. Full year 2012 included sales revenue from the acquired Solutia businesses. Pro forma combined sales revenue declined 2 percent.Operating earnings for full year 2012 were $800 million compared to $937 million for full year 2011. Excluding MTM losses and asset impairments and restructuring charges and gains for both periods, and Solutia acquisition-related costs for 2012, operating earnings were $1.3 billion for full year 2012 and $1.1 billion for full year 2011.

Full year 2012 included operating earnings from the acquired Solutia businesses. Pro forma combined operating earnings, excluding MTM losses and asset impairments and restructuring charges and gains for both periods and Solutia acquisition-related costs for 2012, were $1.5 billion for full year 2012 compared with $1.4 billion for full year 2011. ldquo;Eastman delivered another year of consistently strong earnings, with fourth-quarter results providing an outstanding way to end 2012,; said Jim Rogers, Chairman and CEO. ldquo;This high level of performance was driven by our market-leading businesses and the significant strategic actions we have taken to improve our portfolio. We are well positioned for continued growth in 2013 and beyond, supported by strong cash generation.