Specialty Chemicals Industry | Basic Materials Sector | Mr. Mark J. Costa CEO | XFRA Exchange | CA29872T1003 ISIN |
United States Country | 14,000 Employees | 16 Sep 2024 Last Dividend | - Last Split | 10 Oct 1993 IPO Date |
Eastman Chemical Company stands out as a global specialty materials company, operational across the United States, China, and other international markets. Established in 1920, and with its headquarters nestled in Kingsport, Tennessee, Eastman Chemical Company has carved a niche in providing innovative and sustainable material solutions. Its offerings span across diverse industries such as transportation, personal care, wellness, building and construction, agriculture, energy, and electronics, catering to the evolving demands of its global clientele.
This segment encompasses a variety of products including amine derivative-based building blocks and intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions. It also covers specialty coalescent and solvents, paint additives, and specialty polymers, alongside heat transfer and aviation fluids. Serving a broad range of markets from transportation to agriculture, and water treatment to electronics, these products underscore Eastman's commitment to innovation and sustainability.
Eastman's Advanced Materials segment delivers high-value end uses through products like copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films. These products find application in sectors such as transportation, durables, electronics, building and construction, and medical and pharma, highlighting the company's focus on delivering sophisticated material solutions.
This segment offers a wide array of products including olefin and acetyl derivatives, ethylene, commodity solvents, as well as primary non-phthalate and phthalate plasticizers and niche non-phthalate plasticizers. Serving industries like industrial chemicals and processing, building and construction, and health and wellness, these intermediates are pivotal for various manufacturing processes.
Eastman's Fibers segment is known for its cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride, primarily utilized in filtration media like cigarette filters. It also includes natural and solution dyed acetate yarns, and staple fiber catering to consumables, and health and wellness markets. Moreover, it offers wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for applications in transportation, industrial, and aerospace sectors among others.