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Eastman Chemical Company
Eastman Chemical Company logo.svg
Type Public
Traded as NYSE: EMN
S&P 500 Component
Industry Manufacturing
Founded 1920
Founder(s) George Eastman
Headquarters Kingsport, Tennessee, U.S.
Area served Worldwide
Key people James P. Rogers
(Chairman and CEO)
Products Chemicals
Fibers
Plastics
Revenue Increase US$ 9.1 billion (2012)[1]
Operating income Increase US$ 1.021 billion (2011)[dated info][1]
Net income Increase US$ 696 million (2011)[dated info][1]
Total assets Increase US$ 6.184 billion (2011)[dated info][1]
Total equity Increase US$ 1.870 billion (2011)[dated info][1]
Employees ~13,500 (2011)[dated info][1]
Website Eastman.com
Eastman Chemical Company is a United States-based Fortune 500 company, engaged in the global manufacture and sale of chemicals, fibers, and plastics. . Founded in 1920 and based in Kingsport, Tennessee, the company now has 44 manufacturing sites worldwide and employs approximately 13,500 people.[2]
Eastman Chemical was spun off from parent Eastman Kodak in 1994;[3] in July 2012, Eastman acquired Solutia for $4.8 billion. Eastman had 2012 pro forma revenues of approximately $9.1 billion.
Contents [hide]
1 Business segments
2 History
2.1 Early years
2.2 Since the 1980s
3 Manufacturing sites
4 Environmental record
5 References
6 External links
Business segments[edit]
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 PET polymers for packaging.
The company's products and operations are currently managed and reported in five operating segments: Additives & Functional Products, Adhesives & Plasticizers, Advanced Materials, Fibers, and Specialty Fluids & Intermediates.[1]
Additives & Functional Products
In this segment, Eastman manufactures chemicals for products in the