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Wednesday, December 3, 2008, 7:48PM ET - U.S. Markets Closed. Dow Up 2.05% Nasdaq Up 2.94%
Eastman Chemical Co. (EMN)At 4:03PM ET: 28.79  Up 0.80 (2.86%)  
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Eastman Chemical Co.
200 South Wilcox Drive
Kingsport, TN 37662
United States - Map
Phone: 423-229-2000
Fax: 423-229-2145
Web Site: http://www.eastman.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Chemicals - Major Diversified
Full Time Employees:10,500

BUSINESS SUMMARY 
Eastman Chemical Company engages in the manufacture and sale of various chemicals, plastics, and fibers primarily in the United States. It operates in five segments: Coatings, Adhesives, Specialty Polymers, and Inks; Fibers; Performance Chemicals and Intermediates; Performance Polymers; and Specialty Plastics. Coatings, Adhesives, Specialty Polymers, and Inks segment manufactures liquid vehicles, additives, specialty polymers, and other raw materials, which are integral to the production of paints and coatings, inks, adhesives, and other formulated products. Fibers segment provides Estron acetate tow and Estrobond triacetin plasticizers, which are used in cigarette filters; Estron natural and Chromspun acetate yarns for use in apparel, home furnishings, and industrial fabrics; and acetate flake and acetyl chemicals. Performance Chemicals and Intermediates segment offers intermediates based on oxo and acetyl chemistries; and performance chemicals that are organic molecules, such as diketene derivatives, specialty ketones, and specialty anhydrides. Performance Polymers segment provides polyethylene terephthalate for use in beverage and food packaging, as well as in custom-care and cosmetics packaging, health care and pharmaceutical uses, household products, and industrial packaging applications. Specialty Plastics segment offers specialty copolyesters, which are used in a range of markets and applications, including specialty packaging; in-store fixtures and displays; consumer and durable goods, medical goods; personal care and consumer packaging; photographic film, optical film, fibers/nonwovens, tapes/labels, and liquid crystal displays. This segment also provides cellulosic plastics, engineering and specialty polymers, specialty film and sheet products, and packaging film and fiber products. The company sells its products directly, as well as through distributors. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Key Statistics

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    CORPORATE GOVERNANCE 
    Eastman Chemical Co.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-08 is better than 55.4% of S&P 500 companies and 89.6% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. J. Brian Ferguson , 53
    Chairman and Chief Exec. Officer
    $ 2.64M $ 4.78M
    Mr. James P. Rogers , 57
    Pres and Head of Chemicals & Fibres Group
    N/A N/A
    Ms. Theresa K. Lee , 55
    Chief Legal Officer, Sr. VP, Sec. and Corp. Counsel
    N/A N/A
    Mr. Mark J. Costa , 42
    Chief Marketing Officer and Exec. VP of Polymers Bus. Group
    $ 818.00K $ 0
    Mr. Curtis E. Espeland , 44
    Chief Financial Officer and Sr. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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