EMN
- Eastman Chemical Company
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Overview
Company Summary
The Eastman Chemical Company (EMN) is a global specialty chemicals company that produces a wide range of advanced materials, chemicals, and fibers. Founded in 1920 and based in Kingsport, Tennessee, Eastman has evolved into a leading provider of innovative solutions that enhance the quality of life.
The company operates through various business segments, each contributing to its diversified product portfolio:
1. Advanced Materials: This segment produces a wide array of high-performance plastics, films, and specialty chemicals. These materials are used in industries such as automotive, aerospace, packaging, building and construction, and consumer goods. Eastman's advanced materials offer unique properties like strength, durability, heat resistance, and transparency.
2. Additives & Functional Products: This segment specializes in producing chemicals, resins, and solvents that provide exceptional performance in multiple applications. These products are utilized in sectors such as transportation, construction, industrial coatings, adhesives, and textiles. Eastman's additives and functional products enhance the properties of end products, offering improved performance and sustainability.
3. Chemical Intermediates: This segment focuses on manufacturing basic chemicals that serve as building blocks for a wide range of end products. Eastman produces chemicals like acetyl chemicals, olefins, and plasticizers, which are used extensively in industries such as pharmaceuticals, textiles, adhesives, and paints. These chemicals play a crucial role in various manufacturing processes and product formulations.
4. Fibers: Eastman is recognized for being a pioneering producer of cellulosic fibers. Their specialty cellulose products are used in textiles, filtration, personal care, and specialty applications. These fibers possess exceptional properties such as absorbency, softness, strength, and biodegradability, making them ideal for eco-friendly and high-performance applications.
In addition to its product offerings, Eastman Chemical Company is committed to sustainability and continuously strives to develop sustainable solutions. The company emphasizes environmental responsibility and actively works towards reducing emissions, conserving resources, and promoting circular economy initiatives.
Overall, Eastman Chemical Company operates as a global leader in specialty chemicals, constantly innovating and providing advanced materials, chemicals, and fibers that contribute to a wide range of industries.