Eastman Chemical Co - Company Profile
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Eastman Chemical Co (Eastman) is a manufacturer and distributor of specialty chemicals. It provides a wide range of advanced materials, functional products, specialty additives, chemicals and fibers. It’s product line includes additives, plasticizers, specialty plastics, adhesives, performance films, chemical intermediates, acetate yarn and other products. The company also offers wet-laid nonwovens and specialty films. Eastman’s products find application in coatings, food and beverage, feed and agriculture building and construction, packaging, transportation, consumables, consumer durables, health and wellness, and other sectors. It operates through a network of manufacturing facilities, technical service centers and sales offices worldwide. Eastman is headquartered in Kingsport, Tennessee, the US.
Headquarters
United States of America
Address
200 South Wilcox Drive, Po Box 511, Kingsport, Tennessee, 37660
Website
www.eastman.com
Telephone
1 423 2292000
No of Employees
14,000
Industry
Chemicals
Ticker Symbol & Exchange
EMN (NYSE)
Revenue (2022)
$9.2B
-12.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
12.7%
(2022 vs 2021)
Market Cap*
$11.3B
Net Profit Margin (2022)
XYZ
29.5%
(2022 vs 2021)
* As of and is in US$
Eastman Chemical Co premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Amine Derivatives | Acitra |
| Cellulose Esters | Adapt solvents |
| Coalescents | Benzoflex plasticizers |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with deSter to launch reusable in-flight drinkware made with Tritan Renew. |
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with Debrand to demonstrate the circular textile process for the apparel industry. |
| 2024 | Contracts/Agreements | In March, the company was selected by the US Department of Energy to receive up to US$375 million for its second molecular recycling facility in the US. |
Competitor Comparison
| Key Parameters | Eastman Chemical Co | BP Plc | BASF SE | Dow Inc | LG Chem Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | Germany | United States of America | South Korea |
| City | Kingsport | London | Ludwigshafen Am Rhein | Midland | Seoul |
| State/Province | Tennessee | England | Rheinland-Pfalz | Michigan | - |
| No. of Employees | 14,000 | 87,800 | 111,991 | 35,900 | 14,280 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark J. Costa | Chairman; Chief Executive Officer | Executive Board | 2014 | 56 |
| William T. McLain, Jr. | Chief Financial Officer; Senior Vice President | Senior Management | 2020 | 50 |
| Michelle R. Stewart | Controller; Vice President; Chief Accounting Officer | Senior Management | 2021 | 51 |
| Christopher M. Killian | Chief Technology Officer; Senior Vice President | Senior Management | 2021 | 53 |
| Kellye L. Walker | Chief Legal Officer; Executive Vice President; Secretary | Senior Management | 2020 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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