Eastman Chemical
 |
|
| Public | |
| Traded as | : EMN S&P 500 Component |
| Industry | Manufacturing |
| Founded | 1920 |
| Founder | George Eastman |
| Headquarters | Kingsport, Tennessee, U.S. |
|
Area served
|
Worldwide |
|
Key people
|
Mark J. Costa (CEO) |
| Products |
Chemicals Fibers Plastics |
| Revenue |  US$ 9.65 billion (2015) |
|
US$ 1.384 billion (2015)
|
|
|
US$ 848 million (2015)
|
|
| Total assets |
US$ 15.611 billion (2015)
|
| Total equity |
US$ 3.941 billion (2015)
|
|
Number of employees
|
15,000 (2014) |
| Website | Eastman.com |
Eastman Chemical Company is an American Fortune 500 company, is a global specialty chemical company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. Founded in 1920 and based in Kingsport, Tennessee, the company now has more than 40 manufacturing sites worldwide and employs approximately 15,000 people.
Eastman Chemical was spun off from parent Eastman Kodak in 1994 and had 2014 sales revenue of approximately $9.6 billion.
Eastman manufactures and markets chemicals, fibers and plastics. It provides coatings, adhesives and specialty plastics products, is a major supplier of cellulose acetate fibers, and produces copolyesters for packaging.
The company's products and operations are currently managed and reported in four operating segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates and Fibers. Adhesives & Plasticizers, Advanced Materials and Fibers.
In this segment, Eastman manufactures chemicals and adhesive resins for products in the coatings and tires industries in transportation, building and construction, durable goods, health and wellness, and consumables markets.
In this segment, Eastman produces and markets specialty copolyesters, cellulose esters, interlayers, and aftermarket window film products for use in transportation, consumables, building and construction, durable goods, health and wellness, and electronics.
The Chemical Intermediates segment leverages large scale and vertical integration from the acetyl, olefins, and alkylamine streams and proprietary manufacturing technology for specialty fluids to manufacture diversified products that are sold externally for use in markets such as industrial chemicals and processing; building and construction; health and wellness; energy, fuels, and water; consumables; agriculture, as well as used internally by other Eastman segments.
In the Fibers segment, Eastman manufactures and sells Estron™ acetate tow and Estrobond™ triacetin plasticizers for use primarily in the manufacture of cigarette filters; Estron™ natural and Chromspun™ solution-dyed acetate yarns for use in apparel, home furnishings and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers.
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Wikipedia