84.81 Up +0.18 +0.21%
200 South Wilcox Drive
Kingsport, TN 37662
USA - Map
Phone: +1 423 229-2000
Exchange: New York Stock Exchange
Stock: Eastman Chemical Co
Industry: Chemicals
Employees: 14,000
Eastman Chemical Co was incorporated in Delaware, on December 31, 1993. It is a specialty chemical company that produces a broad range of advanced materials, chemicals, and fibers that are found in products people use every day. It began business in 1920 for the purpose of producing chemicals for Eastman Kodak Company's photographic business. The Company has 45 manufacturing sites in 16 countries and equity interests in joint ventures that supply chemicals, plastics, and fibers products to customers throughout the world. On July 2, 2012, the Company completed its acquisition of Solutia Inc. ("Solutia"), engaged in performance materials and specialty chemicals. The Company's products and operations are managed and reported in five reporting segments: Additives & Functional Products ("AFP"), Adhesives & Plasticizers ("A&P"), Advanced Materials ("AM"), Fibers, and Specialty Fluids & Intermediates ("SFI"). In the AFP segment, the Company manufactures chemicals for products in the coatings and tires industries in transportation, building and construction, durable goods, and consumables markets. In the A&P segment, Eastman manufactures adhesives resins and plasticizers which are used in the manufacture of products sold into the consumables, building and construction, health and wellness, industrial chemicals and processing, and durable goods markets. In the AM segment, the Company produces and markets specialty copolyesters, cellulose esters, interlayers, and aftermarket window film products that possess differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. In the Fibers segment, Eastman manufactures and sells EstronTM acetate tow and EstrobondTM triacetin plasticizers for use primarily in the manufacture of cigarette filters; EstronTM natural (undyed) and ChromspunTM 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, including the Company's new joint venture acetate tow manufacturing facility in Hefei, China. Eastman. The SFI segment leverages large scale and vertical integration from the acetyl and olefins 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; and agriculture, as well as used internally by other segments of the Company. The Company’s products include Therminol, Crystex, Piccotac, Saflex, V-kool, Flexvue, Skydrol, Llumar, Santoflex, etc.

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