Eastman Chemical (EMN)

Eastman Chemical Company is engaged in the manufacture and sale of chemicals, plastics and fibers. Based in Kingsport, Tennessee, the company has 13 manufacturing sites in 8 countries, supplying its products throughout the world. It provides key differentiated adhesives and specialty plastics products, is the world's largest producer of PET polymers for packaging, and is a major supplier of cellulose acetate fibers. The Adhesives, Specialty Polymers and Inks business utilizes raw materials including propane, ethane, butane, high sulfur coal, natural gas, wood pulp and acetone Eastman produces several products in this category. Products include cellulosic polymers, adhesion promoters, Texanol ester alcohol, solvents, hydrocarbon resins, rosin resins, resin dispersions and polymer raw materials. These products are used for a variety of purposes ranging from packaging to automotive paints to disposable diapers. Eastman makes acetate tow, acetate yarn and acetyl chemical products. These fibers are used in apparel and home furnishings as well as cigarette filters and industrial applications. Paraxylene, ethylene glycol, purified terephthalic acid (PTA), propane and ethane are used by Eastman to manufacture PET polymers and polyethylene products including low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE). These polymers are utilized for a variety of packaging purposes, including food, cosmetics, and pharmaceuticals. They are also used for industrial applications. Utilizing some of the same raw materials as the Polymers division paraxylene, ethylene glycol, and PTA Eastman's Specialty Plastics division manufactures copolyesters, polyesters, cellulose esters, cellulosic plastics and concentrates/additives. These products are utilized in the building and construction industry and for purposes such as manufacturing optical and photographic film.

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