NYSE:EMN Stock Quote
Eastman Chemical Company is a global specialty materials company that manufactures and sells a diverse range of chemical products, polymers, and fibers
The company focuses on innovation and sustainability, developing advanced materials and chemicals for various industries, including automotive, construction, health care, and consumer goods. Eastman is involved in the production of essential building blocks for products such as coatings, adhesives, and plastics, while also emphasizing the cyclical nature of its operations and the importance of responsible sourcing and environmental stewardship in its business practices. Through its commitment to cutting-edge technology and research, Eastman Chemical aims to deliver solutions that improve the quality of life and drive economic growth.
Frequently Asked Questions
Does Eastman Chemical engage in community outreach?
Yes, Eastman Chemical actively engages in community outreach through various initiatives and programs. The company supports local education, environmental stewardship, and community development, demonstrating its commitment to corporate social responsibility.
How does Eastman Chemical contribute to innovation?
Eastman Chemical invests significantly in research and development to foster innovation. The company aims to create new products and processes that meet market needs, improve performance, and reduce environmental footprint, ensuring they remain competitive and responsive to consumer demands.
How does Eastman Chemical ensure product quality?
Eastman Chemical ensures product quality through rigorous testing, quality control processes, and adherence to industry standards. The company's commitment to excellence in manufacturing and engineering contributes to high customer satisfaction and reliability.
How does Eastman focus on employee development?
Eastman Chemical prioritizes employee development through training, mentorship programs, and career progression opportunities. The company believes in investing in its workforce to foster innovation, enhance skills, and create a positive work environment.
How many employees does Eastman Chemical have?
As of the latest reports, Eastman Chemical employs approximately 14,000 people worldwide. The diverse workforce contributes to the company's innovation and operational success across various regions and sectors.
Is Eastman Chemical publicly traded?
Yes, Eastman Chemical Company is publicly traded on the New York Stock Exchange under the ticker symbol 'EMN.' This allows investors to buy and sell shares and participate in the company's future growth.
What are Eastman's core values?
Eastman Chemical's core values include safety, integrity, innovation, sustainability, and respect for people. These values guide the company's decision-making and shape its corporate culture, influencing interactions with employees, customers, and the community.
What are Eastman's growth strategies?
Eastman Chemical's growth strategies include focusing on innovation, expanding into emerging markets, pursuing strategic acquisitions, and enhancing its sustainable product offerings. The company aims to leverage its technological capabilities to meet evolving consumer demands.
What are Eastman's key product segments?
Eastman's key product segments include Advanced Materials, Specialty Solutions, and Chemical Intermediates. These segments cater to diverse markets ranging from automotive and packaging to personal care products and agriculture.
What are Eastman's major brands?
Eastman Chemical offers several major brands such as Tritan™ copolyester, Eastman™ Plasticizers, and Avra™ materials. These brands are known for their quality and performance in various applications, enhancing the company's reputation in the market.
What does Eastman Chemical do?
Eastman Chemical Company is a global specialty materials company that produces a wide range of advanced materials, additives, and chemicals. Their products are used in various sectors, including automotive, construction, health and wellness, consumer goods, and many other industries, focusing on innovation and sustainability.
What future trends is Eastman watching in the chemical industry?
Eastman Chemical is closely monitoring trends such as the push toward sustainable and biodegradable materials, advancements in recycling technologies, and the rise of digitalization in manufacturing processes. The company is positioned to adapt and lead in these evolving markets.
What is Eastman Chemical's financial performance?
Eastman Chemical has demonstrated solid financial performance with revenue growth driven by its diverse product portfolio and operational efficiencies. The company maintains a stable financial position and aims for sustainable growth through strategic investments and market expansion.
What is Eastman's approach to sustainability?
Eastman Chemical is committed to sustainability through its products and processes. The company focuses on innovative solutions that reduce environmental impact, such as recycling initiatives, reducing carbon emissions, and developing sustainable materials that align with circular economy principles.
What recent initiatives has Eastman Chemical launched?
Eastman Chemical has launched initiatives focused on sustainability, such as its molecular recycling technology to transform waste plastics into new products. These initiatives reflect the company's commitment to innovation and environmental responsibility.
What types of industries does Eastman serve?
Eastman Chemical serves a diverse range of industries, including automotive, aerospace, construction, healthcare, electronics, agriculture, and consumer goods. Their products are tailored to meet the unique needs of each sector, providing specialized solutions.
When was Eastman Chemical founded?
Eastman Chemical Company was founded in 1920 by George Eastman as a subsidiary of the Eastman Kodak Company. It became an independent entity in 1994, focusing on the production of specialty chemicals and materials.
Where is Eastman Chemical headquartered?
Eastman Chemical Company is headquartered in Kingsport, Tennessee, USA. The company's location strategically positions it within a hub of chemical manufacturing and provides access to key transportation routes and markets.
Who are Eastman Chemical's main competitors?
Eastman Chemical faces competition from other major chemical firms and specialty materials companies, including Dow Inc., BASF, DuPont, and Celanese. These competitors also operate across various segments of the chemical and materials industries.
What is the current price of Eastman Chemical?
The current price of Eastman Chemical is 87.84
When was Eastman Chemical last traded?
The last trade of Eastman Chemical was at 2:52 pm EDT on April 2nd, 2025