Manufactures and markets chemicals, fibers and plastics
Eastman Chemical Co. engages in the provision of specialty chemicals.
It activities include production and distribution a range of advanced materials, chemicals and fibers.
It operates through the following segments: Additives and Functional Products, Adhesives and Plasticizers, Advanced Materials, Fibers, Specialty Fluids and Intermediates.
The Additives and Functional Products segment pertains to manufacturing chemicals for products in the coatings and tires industries in transportation, building and construction, durable goods and consumables markets.
The Adhesives and Plasticizers segment pertains to the manufacturing of 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.
The Advanced Materials segment is the production and marketing of 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, health and wellness products.
The Fiber segment 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.
The Specialty Fluids and Intermediates 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 was founded by George Eastman in 1918 and is headquartered in Kingsport, TN.