EMN 📈 Eastman Chemical - Overview

Eastman Chemical Company is a specialty materials company with a diverse portfolio of products that cater to various industries globally. The company's Additives & Functional Products segment offers a range of solutions, including amine derivative-based building blocks, intermediates for surfactants, and organic acid-based solutions. These products find applications in multiple markets, such as transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics. For instance, the company's specialty coalescent and solvents are used in the production of paints and coatings, while its heat transfer and aviation fluids are utilized in the aerospace and automotive industries.

The Advanced Materials segment of Eastman Chemical Company provides a variety of high-performance materials, including copolyesters, cellulosic biopolymers, and polyvinyl butyral sheets. These materials are used in value-added end uses, such as the production of automotive components, electronic devices, and medical equipment. The company's cellulose esters, for example, are used in the manufacture of LCD displays, while its window and protective films are used in the construction of energy-efficient buildings. The segment's products are designed to meet the specific needs of various markets, including transportation, durables, electronics, building and construction, medical and pharma, and consumables.

Eastman Chemical Company's Chemical Intermediates segment offers a range of products, including olefin and acetyl derivatives, ethylene, and commodity solvents. The company's primary non-phthalate and phthalate plasticizers are used in various applications, such as industrial chemicals and processing, building and construction, health and wellness, and food and feed. The segment's niche non-phthalate plasticizers, on the other hand, are used in specialized applications, including the production of medical devices and food packaging. The company's chemical intermediates are designed to provide customers with a range of benefits, including improved performance, reduced costs, and enhanced sustainability.

The Fibers segment of Eastman Chemical Company provides a range of products, including cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride. These products are used in various applications, such as the production of filtration media, including cigarette filters, and the manufacture of natural and solution dyed acetate yarns and staple fiber for use in consumables and health and wellness markets. The company's wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers are used in a range of industries, including transportation, industrial, agriculture and mining, and aerospace. With a history dating back to 1920, Eastman Chemical Company is headquartered in Kingsport, Tennessee, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol EMN.