Company profile
Eastman Chemical Company, founded in 1920 and headquartered in Kingsport, Tennessee, operates as a global specialty materials enterprise. Its Additives & Functional Products division offers a comprehensive suite of solutions. These include hydrocarbon and rosin resins, organic acid-based compounds, and amine derivative building blocks. The segment also provides agricultural products such as metam-based soil fumigants, thiram and ziram fungicides, and plant growth regulators. Further offerings encompass specialty coalescents, various solvents (both specialty and commodity), paint additives, unique polymers, heat transfer and aviation fluids, as well as insoluble sulfur, anti-degradant rubber additives, and performance resins. These products serve a wide range of industries, including transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics. The Advanced Materials segment focuses on value-added applications, supplying copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and diverse film products such as window, protective, and aftermarket applied films. Its key markets include transportation, durables, electronics, building and construction, medical and pharmaceutical, and consumables. Within its Chemical Intermediates segment, Eastman produces fundamental chemical components. This includes methylamines and their salts, higher amines and solvents, olefin and acetyl derivatives, ethylene, and commodity solvents. The segment also manufactures a variety of plasticizers, including primary non-phthalate and phthalate types, along with specialized niche non-phthalate options. These products are crucial for sectors such as industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Finally, the Fibers division supplies cellulose acetate tow, primarily used in filtration media like cigarette filters. It also provides triacetin, cellulose acetate flake, acetic acid, and acetic anhydride. Additionally, this segment offers natural and solution-dyed acetate yarns for consumables and health and wellness markets, alongside wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers utilized in transportation, industrial, agriculture and mining, and aerospace applications.
- CEO
- Mark J. Costa
- Employees
- 13,000
- IPO date
- 29 Jan 2018
- ISIN
- US2774321002
