About the Company
Eastman Chemical Company is one of the largest global speciality material companies, specifically involved in the chemical industry. The company was once a subsidiary of Kodak but later became an independent entity in 1994 and started producing a range of advanced materials, fibres, and chemicals, commonly used for daily household affairs.
This company's history dates back to 1920 when it was founded in Kingsport, Tennessee, by George Eastman. It traced a remarkable growth since its inception and now has more than 50 manufacturing sites worldwide and customers in about 100 countries. Currently, Eastman creates employment opportunities for approximately 14,500 people with an extensive promise of future growth. In the year 1994, it became a publicly held company and is registered in the New York Stock Exchange under the trading symbol EMN.
Eastman is divided into four major business segments - additives and functional products, advanced materials, chemical products, and fibres. With these four major segments, Eastman aims to enhance people's daily lives by creating innovative and sustainable products, with a constant commitment to safety. For this, in fact, in 2013, the company was named the Responsible Care Company of the Year. Eastman's primary end markets include transportation, building and construction, consumables, consumer durables, health and wellness, food and agriculture, as well as industrial and chemical processing.
With its sizable market presence and performance in the chemical industry sector, Eastman is acclaimed with a series of recognitions. It holds a place in the Fortune 500 company list at a rank of 343. It was also ranked 133rd out of the best 500 companies by Forbes and was recognised as one of the largest employers in America. In 2020, Eastman was named one of the World's Most Ethical Companies and was also honoured the Best Employer for Diversity by Forbes.;
|Eastman Chemical Co