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Eastman Chemical
Eastman Chemical

-9.39%

Chemicals / Chemicals

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Company Overview

General information about the Eastman Chemical company
The Eastman Chemical company is a global specialty chemicals company headquartered in Kingsport, Tennessee. It was founded in 1920 as a subsidiary of the Eastman Kodak Company and became an independent company in 1994.
The company produces a wide range of chemicals and materials used in consumer products, industrial applications, and agriculture. Its products include additives and adhesives, fibers and plastics, specialty films and coatings, and performance chemicals.
Eastman Chemical operates in more than 100 countries and has approximately 14,500 employees worldwide. Its manufacturing facilities are located in North America, Latin America, Europe, and Asia Pacific. The company has a strong commitment to sustainability and has set ambitious goals to reduce its environmental impact and improve the sustainability of its products.
In addition to its core chemical production business, Eastman Chemical also has a ventures arm that invests in innovative startups in the specialty chemical and material industries. The company also has a focus on community involvement and philanthropy, supporting organizations and initiatives in the areas of education, health and human services, and environmental sustainability.
What is special about the Eastman Chemical company?
1. Innovative products: Eastman Chemical Company is known for its innovative and industry-leading products. They invest heavily in research and development, leading to the creation of products that solve complex challenges and meet the evolving needs of their customers.
2. Sustainability focus: Eastman is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set ambitious goals to reduce their greenhouse gas emissions, water usage, and waste generation.
3. Diverse product portfolio: The company offers a wide range of products, from specialty chemicals to plastics and fibers. This diverse portfolio enables them to serve multiple industries and customers.
4. Strong customer focus: Eastman prides itself on understanding their customers' needs and providing the best solutions. They work closely with their customers to develop products that meet their specific requirements.
5. Global presence: Eastman has a global presence, with operations in over 100 countries and customers in more than 100 countries. This allows them to reach a wide market and serve diverse customer needs.
6. Strong financial performance: The company has a strong financial track record and has consistently delivered solid financial results, making it a reliable and stable investment option for shareholders.
7. Commitment to safety and ethics: Eastman places a high value on safety, both for their employees and the communities they operate in. They also have a strong ethical code of conduct, which guides their business practices and decision-making.
8. Employee development: The company invests in its employees' development and growth through training and leadership programs, career advancement opportunities, and an inclusive and diverse workplace culture.
9. Community involvement: Eastman is committed to making a positive impact in the communities where they operate. They support various community initiatives and volunteer efforts, contributing to the social and economic development of these areas.
10. Awards and recognition: The company has been consistently recognized for its excellence and leadership. In 2020, it was named one of the World's Most Ethical Companies by the Ethisphere Institute and one of America's Most Responsible Companies by Newsweek magazine.

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