Senior Finance Manager. Through 2015, Eastman improved energy intensity by approximately 8% compared to a 2008 baseline. He joined Ashland (then known as Ashland Chemical Company) in 1976, and after serving in various positions, became President of the Valvoline business in 1995. He joined Hershey in July 2006, initially serving as Vice President, Finance and Planning, U.S. Commercial Group from July 2006 to October 2006, and then serving as Vice President, Finance and Planning, North American Commercial Group from October 2006 to July 2007. Ms. Hornbaker served as Chief Financial Officer of Shared Technologies, Inc., a provider of converged voice and data networking solutions, from 2006 to May 2011, and was Consultant to the Chief Executive Officer of CompuCom Systems, Inc., an information technology services provider, from 2005 to 2006. Mr. Stevens is also a member of the Board of Directors of Flex Ltd., Masco Corporation and Tenneco Inc. You may be trying to access this site from a secured browser on the server. Find the latest dividend history for Eastman Chemical Company Common Stock (EMN) at Nasdaq.com. ⦠He has been instrumental in developing Eastman’s growth strategies, and has led Eastman’s manufacturing and global supply chain. An article in the Daily Beast in 2017 reported on Eastman Chemical's office in Uruapan, Michoacán. Dr. Mink was President and Chief Executive Officer of Innophos Holdings, Inc., a leading international producer of performance-critical and nutritional functional ingredients, with applications in food, health, nutrition and industrial specialties markets, from December 2015, a director of Innophos from January 2016, and Chairman of the Board from February 2017, until completion of One Rock Capital Partners’s acquisition of Innophos in February 2020. Based on 135 salaries. Founded in 1920 and based in Kingsport, Tennessee, the company now has more than 50 manufacturing sites worldwide and employs approximately 14,500 people.[4]. An effect of World War I was a scarcity in raw materials such as photographic paper, optical glass, gelatin and many chemicals, including methanol, acetic acid and acetone. Eastman Chemical Company EMN logged profits of $274 million or $1.99 per share for the first quarter of 2021, up from the year-ago profit of $258 ⦠Eastman has been a member of Responsible Care®, a global voluntary initiative developed autonomously by the chemical industry to improve health, safety, and environmental performance, for more than 25 years. As used herein, ® denotes registered trademark status in the U.S. only. Lead Director - Committees: Compensation and Management Development; Finance; Environmental, Safety and Sustainability; Nominating and Corporate Governance. âWe delivered outstanding first ⦠In 2014 and early 2016, Eastman converted two boilers at its Kingsport, Tennessee, site from coal to natural gas combustion. Find the latest Eastman Chemical Company (EMN) stock quote, history, news and other vital information to help you with your stock trading and investing. This is the debt and cash of Eastman Chemical Co over the past years: Since joining Eastman in 2006, he has held a number of executive positions. He was appointed President in May 2013 and served in that position until he became Chief Executive Officer. Summary Doing Business with Eastman communicates Eastman's commitment to doing business the right way as well as the Company's expectation of its business partners.. In 2013, the EPA designated a 3-km radius circle around the Eastman facility in Kingsport, TN as nonattainment for the 2010 1-hour sulfur dioxide (SO2) primary Mr. Alfonso was President, International, of The Hershey Company, the largest producer of quality chocolate in North America and a global leader in chocolate and sugar confectionery, from April 2013 until his retirement in June 2015. [8], On the morning of October 4, 2017, an explosion occurred at its Kingsport Plant around the coal gasification building. Committees: Compensation and Management Development (Chair); Finance; Environmental, Safety and Sustainability; Nominating and Corporate Governance. Mr. Raisbeck was Vice Chairman of Cargill, Incorporated, an agricultural trading and processing company, from 1999 until his retirement in 2008, and was a director of Cargill until September 2009. Business Description. In January 2021, Eastman announced plans to build a methanolysis plant that will convert polyester waste into durable products. ... Chemical Engineering. Committees: Audit; Finance; Environmental, Safety and Sustainability. Mr. Begemann became the Chief Operating Officer for the Crop Science Division of Bayer AG, a German global life sciences company with core competencies in the areas of health care and agriculture, upon the completion of Bayer’s acquisition of Monsanto Company, a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality, in June 2018. It occurred in the Aniline production, 16 people were killed with many more being injured. Ms. Holder is also a member of the Board of Directors of W.R. Grace & Co., a leading global supplier of catalysts and engineered materials. Eastman has also been recognized three consecutive years by Glassdoor as an Employees’ Choice Best Place to Work and by Ethisphere Institute as a World’s Most Ethical Company. Prior to that, Mr. Alfonso held a number of senior financial positions at Pfizer, Inc. Ms. Allen Sutherland has been the Executive Vice President and Chief Legal Officer of Norfolk Southern Corporation, a major transporter of industrial products operating in twenty-two states and the District of Columbia, since March 2020. Business data for Eastman Chemical Company: This page was last edited on 16 March 2021, at 15:35. Tennessee Eastman was responsible for managing the Y-12 National Security Complex at Oak Ridge, Tennessee which produced enriched uranium for the Manhattan Project, from 1943 to May 1947. Once a subsidiary of Kodak, today it is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. ET. Biographies and Photographs of Eastman Chemical Company's Board of Directors Contact Us Customer Center. As part of our recruiting and hiring process, Eastman will not ask for fees, payments or credit card information. His search for suitable quantities of methanol and acetone led him to the southern United States. In 2020, Eastman will use carbon renewal technology to recycle millions of pounds of polyester carpet that would otherwise have been placed in a landfill.[13]. Eastman manufactures and markets chemicals, fibers and plastics. In this segment, Eastman manufactures chemicals and adhesive resins for products in the coatings and tires industries in transportation, building and construction, durable goods, health and wellness, and consumables markets. Eastman Chemical Company with ticker code (EMN) now have 19 analysts covering the stock. As of 2006 Eastman was ranked twenty-seventh among U.S. corporate producers of air pollution according to a 2010 study conducted by the University of Massachusetts Amherst Political Economy Research Institute. He joined the Buick-Oldsmobile-Cadillac Group in 1978 and served in various positions of increasing responsibility in the financial and operating organizations, including Chief Financial Officer, General Manager ASEAN Operations and Vice President Finance, Thailand from 2002 to 2005, Vice President Finance, Chief Financial Officer, Canada from 2006 to 2007, Executive Director, Finance, Chief Financial Officer, Mexico from 2008 to 2009, Chief Financial Officer, North America and Interim Chief Financial Officer and General Manager, South America from 2010 to 2013. From opening a bank account to insuring your familyâs home and belongings, itâs important you know which options are right for you. Mr. O’Brien is also a member of the Boards of Directors of Albemarle Corporation and Humana Inc., and was during the last five years a member of the Board of Directors of WESCO International, Inc. Mr. Doheny was also a member of the Board of Directors of John Bean Technologies Corporation during the last five years. In this segment, Eastman produces and markets specialty copolyesters, cellulose esters, interlayers, and aftermarket window film products for use in transportation, consumables, building and construction, durable goods, health and wellness, and electronics. The "Chemicals from Coal Facility" at the Kingsport plant was recognized as a National Historic Chemical Landmark by the American Chemical Society in 1995.[6]. 1994: Apple Quicktake, a consumer digital camera was debuted by Apple Computer. Eastman also converted a coal-fired boiler at its Indian Orchard facility in Springfield, Massachusetts, to natural gas in 2015.[19]. Prior to joining Joy Global, Mr. Doheny had a 21-year career with Ingersoll-Rand plc where he held a series of executive and senior management positions of increasing responsibility, including President of Industrial Technologies and President of the Air Solutions Group. View real-time stock prices and stock quotes for a full financial overview. In 2013, Eastman was named Responsible Care Company of the Year in the large company category by the American Chemistry Council (ACC). This technology is now owned by DAK Americas. Cheap Web Hosting Web hosting market is competitive and for best hosting provider and cheap web hosting for which they do hosting companies comparison to host web page or website. He played a crucial role in developing Monitor’s techniques in corporate transformations and portfolio management and designing client business and marketing capability building programs. Before joining Hershey, Mr. Alfonso held a variety of finance positions at Cadbury Schweppes, a producer of soft drinks and premium beverages, most recently serving as Executive Vice President Finance and Chief Financial Officer of Cadbury Schweppes Americas Beverages from March 2005 to July 2006 and Vice President Finance, Global Supply Chain from May 2003 to March 2005. He was Executive Vice President, Chief Financial Officer, and Chief Administrative Officer from November 2011 to April 2013, and Senior Vice President and Chief Financial Officer from July 2007 to November 2011. ET ⦠Production Engineer. Assume that your cousin holds just one stock, Eastman Chemical Bonding (ECB), which he thinks has very little risk. She served as Executive Vice President and Chief Financial Officer of Stream Energy, a retail energy, wireless, and protective services provider operating in Texas, Georgia, Pennsylvania, Maryland, New Jersey, New York, Illinois, Delaware, Ohio and Washington, D.C., from 2011 to December 2017, and was a member of the Board of Directors from 2011 until it was acquired by NRG Energy in 2019. Earlier in her career, she served as vice president and deputy general counsel, Digex, Inc., a subsidiary of MCI Telecommunications Corporation. Nominating and Corporate Governance (Chair). Ms. Holder has been the Chief Executive Officer of JFH Insights LLC, a consulting firm primarily dedicated to leadership coaching for high potential women executives, since founding the company in 2009. It provides coatings, adhesives and specialty plastics products, is a major supplier of cellulose acetate fibers, and produces copolyesters for packaging. In July 2012, Eastman completed its acquisition of Solutia Inc., a manufacturer of performance materials and specialty chemicals, for $4.8 billion. As used herein, ® denotes registered trademark status in the U.S. only. The Kingsport boiler conversion project is the most significant air pollution control project in the history of Eastman and will diversify the Kingsport facility’s energy mix from 90% coal to 50% coal and 50% natural gas. [11][12] Eastman Advanced Circular Recycling technologies complement mechanical recycling by processing a wide spectrum of waste plastics that traditional recycling methods cannot, including polyesters, polypropylene, polyethylene, and polystyrene. Eastman Chemical became a Fortune 500 company in its own right. He served as CEO from June 2016, and a director from March 2017, until January 2018 of Yowie, a global brand licensing company specializing in the development of Yowie character children's consumer products. Committees: Compensation and Management Development; Finance; Environmental, Safety and Sustainability; Mr. Costa has been Chief Executive Officer since January 2014 and Board of Directors Chair since July 2014. All rights reserved. Eastman's recycling technologies - carbon renewal technology and polyester renewal technology - provide a true circular solution of infinite recycling for materials, allowing them to be reused repeatedly. [citation needed] The Environmental Protection Agency has also linked Eastman to several Superfund toxic waste sites, according to the Center for Public Integrity. She was Vice President and Chief Financial Officer of Flowserve Corporation, a global provider of industrial flow management products and services, from 1997 until 2004, and served as Vice President of Business Development and Chief Information Officer from 1997 to 1998. Prior to joining Norfolk Southern, Ms. Allen Sutherland was appointed by President Obama as Chair and CEO of the U.S. Chemical Safety and Hazard Investigation Board. In early 2005, Eastman broke ground on the first world-scale manufacturing facility using IntegRex, a technology that reduces the number of intermediate process steps in producing PET resin. Previously, Ms. Holder served as Senior Vice President, Chief Marketing, Sales and Reputation Officer, U.S. Area Executive Oversight of The Dow Chemical Company, a diversified, worldwide manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services, from 2007 until her retirement in 2009, and before that was Vice President, Human Resources, Public Affairs and Diversity and Inclusion of Dow from 2006. Eastman Chemical Company is an American company primarily involved in the chemical industry. The article asserted that even after being notified Eastman's sourcing of raw pine chemicals was from a business the Mexican government found was operating in cooperation with the Knights Templars, a criminal cartel. Products such as calcium acetate, sodium acetate, acetic acid, and acetic anhydride became the basis for the company’s platforms. You obtain the following returns data for Wilder's Creations and Buildings (WCB). Select the language for which you'd like to review the Third Party Code of Conduct. Eastman Chemical Co Q1 2021 Earnings Call Apr 30, 2021, 8:00 a.m. He joined Cargill in 1971 and held a variety of merchandising and management positions focused primarily in the commodity and financial trading businesses. Mr. Stevens was Executive Vice President and Chief Financial Officer of General Motors Company, a corporation that designs, manufactures, markets and distributes vehicles and vehicle parts, and sells financial services, from 2014 until his retirement in 2018. View More. Good ⦠In 1983, Eastman opened the first commercial coal gasification facility in the United States at its Kingsport plant site to produce chemicals from syngas rather than petroleum. Eastman began commercial operation of carbon renewal technology in October 2019 at the company's largest manufacturing facility in Kingsport, Tenn. Third Party Code of Conduct. During World War II, RDX, a powerful explosive, was manufactured for the U.S. government at Holston Ordnance Works at Tennessee Eastman sites. Learn About the Job. Sustainability and Corporate Responsibility, Learn how and when to remove this template message, "Eastman Announces Fourth-Quarter and Full Year 2020 Financial Results", "Eastman Chemical Company Fourth Quarter 2020 Financial Results Release", "Acetyl Chemicals from Coal Gasification", "Eastman Completes Acquisition of Taminco", "State discloses likely cause of Eastman explosion", "Eastman offers second innovative recycling solution to global plastic waste problem", "Eastman offers innovative recycling technology for polyesters", "Eastman to recycle discarded carpet into new materials", "Eastman and Governor Lee Announce World-Scale Plastic-to-Plastic Molecular Recycling Facility to be Built in Kingsport, Tenn", "Daily Beast: The Forest Guardians who beat back Mexico's cartels", Tennessee Eastman Company/Eastman Chemical Company, Tennessee Encyclopedia of History and Culture, https://en.wikipedia.org/w/index.php?title=Eastman_Chemical_Company&oldid=1012473663, Companies listed on the New York Stock Exchange, Manufacturing companies based in Tennessee, Wikipedia articles scheduled for update tagging, Wikipedia articles in need of updating from March 2021, All Wikipedia articles in need of updating, Articles needing additional references from October 2013, All articles needing additional references, Articles with unsourced statements from September 2018, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License. Eastman is a global specialty chemical company that produces a broad range of advanced materials, additives and functional products, specialty chemicals, and ⦠Previously, Mr. Doheny served as President and Chief Executive Officer and a director of Joy Global Inc., a manufacturer and servicer of industrial mining equipment, from December 2013 through May 2017 and as Executive Vice President and as President and Chief Operating Officer of Joy Global’s Underground Mining Machinery business from 2006 to 2013. Prior to that, Ms. Holder served in various positions with increasing seniority at Dow from 1975 to 2006. Eastman was spun off from parent Eastman Kodak in 1994[5] and had 2020 sales revenue of approximately $8.5 billion. Ms. Allen Sutherland joined Norfolk Southern in June 2018 and served in various positions including Vice President Law from June 2018 to April 2019, Senior Vice President Law and Chief Legal Officer from April 2019 to August 2019, and Senior Vice President Government Relations and Chief Legal Officer from August 2019 to March 2020. National Ambient Air Quality Standard (NAAQS). Following that, she served in senior financial positions with several major companies from 1986 until 1996, including five years at Phelps Dodge Corporation where she had financial responsibilities for its international businesses including Columbian Chemicals Corporation. Westlake Chemical Corporation (WLK Quick Quote WLK - Free Report) has an Earnings ESP of +0.64% and a Zacks Rank #3.It is expected to report ⦠When completed by the end of 2022, the methanolysis plant will use over 100,000 metric tons of plastic waste that cannot be recycled by current mechanical methods to produce premium, high-quality specialty plastics made with recycled content.
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