Full-Time
Specialty chemicals and materials manufacturer
No salary listed
Johnson City, TN, USA
Hybrid
On-site in Kingsport, TN preferred; remote collaboration possible.
MBA
See people who can refer or advise you
Eastman Chemical Company, which brands itself as Eastman, is a global specialty materials company that develops and manufactures specialty chemicals, polymers, and cellulosic fibers. Its products include copolyesters such as Eastman Tritan and Cristal, Naia cellulosic fibers, Tetrashield protective resin systems, and recycled-content materials like Eastman PET Renew, developed with customers across roughly 13 industries including packaging, consumer goods, transportation, and textiles. A central part of its operations is molecular recycling, which converts hard-to-recycle plastic waste into feedstock for new materials at plants in Kingsport, Tennessee, Longview, Texas, and France. What sets Eastman apart is this circular-economy focus—its molecular recycling capacity and "It's the feedstock" model—paired with a broad specialty portfolio. The goal is to address challenges like climate change and plastic waste while supplying sustainable materials to industry.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Kingsport, Tennessee
Founded
1920
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Performance Bonus
401(k) Company Match
Mental Health Support
Gym Membership
Parental Leave
Flexible Work Hours
KANEBO selects Eastman Cristal(TM) One IM812 for luxury overcap packaging. 05 Aug 2026 Premium cosmetics brand chose recyclable material for an overcap that delivers aesthetics, strength and sustainability. Prestigious Japanese cosmetics brand KANEBO has selected Eastman Cristal(TM) One IM812 specialty PET resin for the overcap of its new Generating Essentials Treatment Lotion. "Rooted in KANEBO's 'Progress Care' philosophy and our message, 'Going beyond beauty, KANEBO heightens hope,' this lotion reflects our approach to supporting skin through different stages of life rather than focusing on antiaging," said Shinsuke Magai, KANEBO designer. "We wanted the packaging to bring that philosophy to life through a design that conveys both refinement and progression." For the thick-walled black overcap, KANEBO needed a material that could meet demanding performance and design requirements, especially given the cap's heavier construction. Cristal One IM812 met that challenge by passing drop impact testing and maintaining required strength after post-mold painting. Cristal One IM812 delivered the precise aesthetic KANEBO envisioned: a clean, high-quality black with the right gloss and a subtle transition from opaque black to a more transparent black gradient at the top. This combination of toughness, transparency and color precision helped create a refined premium look without making the package appear overly heavy. "From an engineering perspective, this packaging required careful alignment of material performance, processing and finish," said Shota Kawasaki, KANEBO packaging engineer. "We evaluated several candidate materials, and Cristal One IM812 proved to be the best match for our needs." This specialty material can be injection molded and is designed to provide high transparency and toughness for premium cosmetic components. KANEBO selected this specialty PET resin for its sustainability benefits, as it is recyclable in the PET recycling stream. Although compliance with the European Union's Packaging and Packaging Waste Regulation (PPWR) was not an immediate requirement for a product sold primarily in Asian markets, KANEBO chose to go a step further by adopting a material that aligns with anticipated future regulatory expectations. Market response has been positive since the lotion's January 2026 launch, and KANEBO plans to expand use of Cristal One Renew IM812 in upcoming products. "KANEBO's adoption of Cristal One IM812 in its product cap is meaningful to Eastman," said Tara Cary, Eastman marketing manager for cosmetics and personal care packaging. "This commercial example shows how Eastman's materials can help beauty brands address the challenge of combining sustainability with uncompromised appearance, durability and function." Kao, KANEBO's parent company, has partnered with Eastman for many years. Built through collaboration on Eastman material innovations, the long-standing relationship reflects Kao's confidence in Eastman's global technical support and materials expertise for cosmetic packaging that demands premium finishes and reliable performance. About KANEBO KANEBO is a prestigious Japanese cosmetics brand that conveys a message of hope, not just beauty. Centered on skin care, the brand also offers a full range of makeup products. At the heart of KANEBO's skin care is a signature cream inspired by Taishi. Taishi (胎脂) is the Japanese term for vernix caseosa, a naturally disappearing substance that protects a baby's immature stratum corneum from environmental changes and dryness. Through its unique skin care and makeup, KANEBO empowers individuals to pursue their aspirations while fostering a positive mindset. About Eastman Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 13,000 people around the world and serves customers in more than 100 countries. The company had 2025 revenue of approximately $8.8 billion and is headquartered in Kingsport, Tennessee, USA. Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
Eastman Q2 sales revenue reaches $2.513 billion. Edited by Greg From Gasgoo | August 3, 2026 22:53 BJT Gasgoo Munich- Eastman Chemical Company (NYSE: EMN) recently released its second-quarter financial report, according to Gasgoo. Data shows the company generated sales of $2.513 billion for the quarter, with adjusted diluted earnings per share of $1.97 - a strong sequential gain achieved despite a volatile market environment. Image source: Eastman The report reveals that Eastman's second-quarter sales climbed 10% year-over-year and 15% quarter-over-quarter. This growth was primarily driven by a 5% increase in volume and product mix, alongside a 4% rise in selling prices. On the profitability front, Eastman recorded an EBIT of $311 million, with adjusted EBIT reaching $320 million. Bolstered by wider spreads and disciplined pricing and cost management, the adjusted EBIT margin expanded by 350 basis points sequentially. Diluted earnings per share stood at $1.59, up from $1.20 in the same period last year. Across business segments, most saw volume gains. Chemical Intermediates led the charge with a 39% surge in sales, fueled by a 24% jump in volume and mix and a 14% increase in pricing. Specialty Materials revenue rose 5%, supported by a 4% improvement in volume and mix along with favorable foreign exchange rates. Additives & Functional Materials also posted a 5% sales increase, driven by a 4% price hike under cost pass-through agreements. Conversely, the Fibers segment reported an 11% decline in sales, weighed down by ongoing destocking of acetate tow and sluggish end markets for textiles. On the cash flow front, Eastman generated $224 million from operating activities in the second quarter and returned $96 million to shareholders through dividends. The company is progressing toward a cost-savings target of $125 million to $150 million (adjusted for inflation) and anticipates releasing working capital in the second half of 2026. Looking ahead, Chairman and CEO Mark Costa noted that the team demonstrated flexibility in the first half of 2026 and is now focused on solidifying that momentum. The company projects third-quarter adjusted EPS will be roughly in line with the $1.97 achieved in the second quarter. Earnings in Specialty Materials are expected to improve, while Chemical Intermediates may see a slight dip as the impact of supply chain disruptions eases. Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: [email protected] Seller Service: [email protected]
SP 2026 Innovation Summit event recap. Novi, Michigan | July 28-29, 2026 The 2026 SP Innovation Summit brought together hundreds of automotive sustainability leaders and practitioners from across the value chain for two days of discussion, collaboration and networking at the Vibe Credit Union Showplace in Novi, Michigan. Presented by Magna, the Summit focused on practical strategies to create business and environmental value across four key themes: decarbonizing operations and supply chains, sustainable and circular materials, nature and water stewardship, and sustainability leadership strategies and emerging issues. Day 1: July 28, 2026 The Summit opened with remarks from Kellen Mahoney, SP executive director, and Ahmed Elganzouri of Magna, chair of the SP Board of Directors. The opening also included recognition of former Board Chair Fred Gersdorff for his leadership and contributions to SP. Opening keynote speaker Cassandra Garber, chief sustainability officer at General Motors, explored the need to continually adapt the industry's shared sustainability journey as market conditions, customer expectations and business priorities evolve. She emphasized that while the path may change, the long-term vision remains consistent. Julia Rege, vice president of regulatory affairs and compliance at Toyota Motor North America, examined how ongoing policy and regulatory changes are influencing vehicle technology portfolios, investments and long-term planning. Her presentation also highlighted the continued importance of disclosure, traceability and extended producer responsibility requirements, as well as Toyota's multipathway approach to vehicle technology. The opening plenary concluded with an SP Board discussion on what environmental sustainability leadership may require over the next five years. Moderated by SP's executive advisor Kevin Butt, the panel featured Ahmed Elganzouri of Magna, Cassie Mayrand-Burney of Ford Motor Company, Karen Tarver of Honda Development & Manufacturing of America, and Jozef Chrzanowski of Lear Corporation. Panelists discussed the importance of maintaining long-term direction while responding pragmatically to near-term business conditions, strengthening internal alignment and expanding collaboration across the value chain. Morning breakout sessions addressed: * Aligning automotive sustainability roadmaps with actual technology adoption to support more credible Scope 3 planning (WSP, Power Systems Research) * Low-carbon and circular material strategies, including supplier engagement and the challenges of moving from pilot projects to scale (Autoliv, BASF) * Real-world design and implementation of nature-based solutions within the automotive value chain (General Motors, Tandem Global) * Building a financially viable business case for sustainability (KERAMIDA) The afternoon plenary opened with Stefan Crets of CSR Europe sharing an overview of Drive Sustainability and its work to align sustainability expectations across the global automotive supply chain. The presentation highlighted the Drive Sustainability Self-Assessment Questionnaire and the value of shared approaches that reduce duplication and supplier burden. Matt Holland of Bridgestone and Bill Combs of Penske then presented early findings from their Decarbonization Lab, a real-world testing partnership focused on reducing both emissions and cost per mile. Duncan Pitchford of Hydro Aluminum Metals USA explored nature-related risks and opportunities associated with aluminum sourcing. His presentation addressed biodiversity, human rights, land rehabilitation and community impacts within primary aluminum production, as well as opportunities to strengthen traceability and expand locally sourced, postconsumer recycled aluminum. The annual Innovation Showcase featured four rapid presentations on emerging solutions: * A Volkswagen, Eastman and Visscher-Caravelle partnership to develop recyclable mono-material polyester automotive floor mats * Toyota Tsusho America initiatives to convert diesel-powered shunt trucks and tow tractors to electric alternatives * Energy Security Agency's Firebox system for the safe recovery and transportation of damaged or high-risk electric vehicles * Cyclic Materials' approach to recovering rare earth elements from end-of-life motors and other products Presenters highlighted the potential for these approaches to reduce emissions, improve safety, recover critical materials and create more circular automotive supply chains. Attendees voted for their favorite innovation pitch at the conclusion of the showcase, with Nic Brown of Toyota Tsusho receiving the most votes. Afternoon breakout sessions examined: * Opportunities to reduce emissions from automotive paint shop and heat-treatment processes (PPG, Bodycote) * Responsible management of EV batteries and electronic waste from dealerships, service centers and scrap yards (GM, VCU, VMX, Padnos, Cellblock) * The importance of supplier engagement in addressing nature-related risks across the value chain (Pure Strategies, Toyota) * The integration of human expertise and AI-enabled tools into sustainability project workflows (OrbAid, SE) The first day concluded with a networking reception, providing attendees with additional opportunities to exchange ideas and build connections across the industry. Day 2: July 29, 2026 Kellen Mahoney and Summit Committee Co-Chair Vickie Lewis of VMX International welcomed attendees back for the second day. John Bradburn of ERA Environmental shared a success story involving multiple SP members to repurpose used wood pallets from an automotive supplier for social and community impact. David Bruce of FANUC America opened the morning program with a look at emerging AI and industrial automation technologies. His presentation explored physical AI, robotics, digital twins and virtual commissioning. Olga Aulet-Leon of Lucid Motors discussed how sustainability can create business value when it is connected to innovation, efficiency and continuous improvement. She encouraged organizations to prioritize high-impact opportunities that can deliver measurable environmental benefits while strengthening business performance. Palani Palaniappan of Toyota Motor North America and Steve Heiskell of Radius Recycling shared examples of OEM and recycler collaboration to improve the dismantling and recovery of fuel cell and electric vehicles. The presentation addressed practical training for dismantlers, safe battery and hydrogen-system handling, and opportunities to recover batteries, rare earth magnets, precious metals, plastics and other materials from emerging vehicle technologies. Morning breakout sessions covered: * Using business and operational data to strengthen carbon decision-making and value creation (EcoVadis, NextEra Energy) * The role of Digital Product Passports in improving product traceability and lifecycle transparency (Circulor) * Emerging water technologies that can support operational resilience and ecosystem protection (AquaAction, CaptureTech, Myconaut, Sequestro) * Practical storytelling techniques to embed sustainability into core business strategy (Tetra Tech, TE Connectivity) The afternoon breakout program continued with sessions focused on: * Product carbon footprint reporting, data quality and evolving expectations for verification and audit readiness (Magna, IAOB-C, RSJ, Sphera) * Tire recycling and the development of stronger end-use markets for recycled rubber (RRS, Tire Recycling Foundation, GDC, Composite Innovations, Bridgestone) * An interactive workshop identifying barriers, priorities and collaborative opportunities related to water reuse in the automotive sector (DENSO, Ford) * Emerging AI applications and their implications for sustainability strategy, data, operations and organizational capability (OrbAid, Tenneco, ZF, 2DaLoop. SE) Sheldon Yellen, CEO of BELFOR Holdings, opened the closing plenary with a discussion of operational resilience in a changing risk landscape. His remarks focused on his personal journey and experiences in preparing facilities and supply chains for climate volatility, physical risks and other disruptions. A subsequent panel featuring Camille Messer of EcoVadis, Jillian Brown of General Motors and Lori Fairchild of Stellantis examined a new collaboration between SP and EcoVadis' automotive Accelerate initiative. Moderated by Kellen Mahoney, the discussion focused on reducing duplication, improving supplier capacity building and using collaborative approaches to establish clearer and more consistent expectations across the value chain. The final panel brought together Dr. Benedikt Steiner of BMW Group, Susanne Trescher of Deloitte and Martha Amram of GLYNT.AI to discuss carbon accountability. Speakers emphasized the need for harmonized methodologies, stronger data-quality indicators, independent verification and more efficient digital exchange of product carbon footprint information. The discussion highlighted a shared goal of measuring, verifying and exchanging trusted carbon data more consistently across the value chain. The Summit concluded with thanks to the event's sponsors, speakers, planning committee volunteers and attendees. SP encouraged participants to continue the conversations through its work groups and collaborative initiatives throughout the year as the organization works toward its shared vision of a thriving automotive industry with positive environmental impact. Additional information on the Summit, including presentations and next steps, is available to current SP member companies. Please contact Suppliers Partnership if you'd like to learn more about SP and opportunities to participate as a member. All event photos by Hugh Anderson.
Chemquest names New CEO. Robert (Robb) Lovegrove joins ChemQuest as CEO after a 13-year tenure with Milliken & Company and previous leadership roles with Eastman Chemical Company and BFGoodrich. Source | ChemQuest The ChemQuest Group announced that Robert (Robb) Lovegrove has been named the third CEO in the company's 50-year history, with Daniel Murad remaining actively involved in the firm as chairman. Lovegrove joins ChemQuest following a 13-year tenure with Milliken & Company, the last 10 years as vice president of corporate strategy/corporate development, architecting and collaborating with senior leadership to transform the company's portfolio and accelerate the pace of economic value creation across the enterprise. Prior to joining Milliken, Lovegrove spent 10 years in progressive strategic marketing and business leadership roles with Eastman Chemical Company and BFGoodrich. "I am excited to join ChemQuest and work alongside Dan Murad," Lovegrove said. "Under his stewardship, ChemQuest has grown considerably, particularly in the last decade or so. I have turned to Dan and the ChemQuest team for various projects over the years, and I am continually impressed with the depth of their knowledge, the precision of their recommendations, and the true professionalism they operate with. "I'm honored that Dan has the faith and trust in me and my capabilities to help steer this unique firm's future while continuing its commitment to excellence. From a wide spectrum of experiences and a diverse background in corporate strategy, M&A, strategic marketing, and global people leadership, I bring a holistic perspective and ability to utilize deep insights that I intend to employ for the benefit of ChemQuest and our clients around the world." * Continuous Learning Helps Industry Steward Keep Up the Pace With a zeal for chemistry, a life-long love of learning, a good teacher and supportive employer, Rebecca Bennett, Products Finishing's first Champion of the Industry, became passionate about the electroplating industry, spawning her success and loyalty to Precision Plating Co. * Practical Environmental Management Reduces Costs, Refines Quality By focusing on effluent treatment and efficient tin recovery, this Indian surface treatment plant meets stringent environmental standards and sustainable high-quality production. * New Ownership Brings Fresh Perspective to Established Plating Shop With no experience running a surface finishing shop, two businessmen stepped into executive leadership/ownership positions at this small Illinois plating facility. Although surprised by the complexity, they are learning the technicalities of the plating process from the former owners while also bringing their own aspirations to life.
Eastman Chemical (NYSE:EMN) releases earnings results, beats estimates by $0.15 EPS. July 31, 2026 Key points. * Eastman Chemical exceeded quarterly expectations, reporting $1.97 in EPS versus the $1.82 consensus and revenue of $2.51 billion versus estimates of $2.40 billion. Revenue increased 9.9% year over year, while EPS rose from $1.60 in the prior-year quarter. * The company updated its Q3 2026 guidance to $1.97 EPS, and its stock climbed 4.1% to $70.02 following the results. * Eastman declared a quarterly dividend of $0.84 per share, representing an annualized payout of $3.36 and a 4.8% yield. Analysts maintain a "Moderate Buy" consensus with an average price target of $80.50. * Five stocks to consider instead of Eastman Chemical. Eastman Chemical (NYSE:EMN - Get Free Report) released its quarterly earnings results on Thursday. The basic materials company reported $1.97 earnings per share for the quarter, beating analysts' consensus estimates of $1.82 by $0.15, FiscalAI reports. The business had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.40 billion. Eastman Chemical had a return on equity of 8.88% and a net margin of 4.62%.Eastman Chemical's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the company posted $1.60 EPS. Eastman Chemical updated its Q3 2026 guidance to 1.970-1.970 EPS. Eastman Chemical stock up 4.1%. EMN traded up $2.74 on Thursday, reaching $70.02. 2,269,424 shares of the company traded hands, compared to its average volume of 1,127,505. The stock's 50 day moving average price is $70.86 and its 200-day moving average price is $72.15. Eastman Chemical has a 52-week low of $56.11 and a 52-week high of $83.47. The company has a market cap of $8.01 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 0.86 and a beta of 1.07. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 0.71. Eastman Chemical announces dividend. The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Monday, June 15th were issued a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, June 15th. Eastman Chemical's dividend payout ratio (DPR) is currently 97.39%. Institutional investors weigh in on Eastman Chemical. A number of institutional investors have recently modified their holdings of the stock. State Street Corp grew its holdings in shares of Eastman Chemical by 24.3% during the 3rd quarter. State Street Corp now owns 5,687,097 shares of the basic materials company's stock valued at $363,314,000 after acquiring an additional 1,112,391 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Eastman Chemical by 576.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 707,304 shares of the basic materials company's stock valued at $44,596,000 after purchasing an additional 602,677 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Eastman Chemical by 13.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,597,875 shares of the basic materials company's stock valued at $293,486,000 after purchasing an additional 545,219 shares in the last quarter. Two Sigma Investments LP grew its stake in Eastman Chemical by 244.5% in the third quarter. Two Sigma Investments LP now owns 604,783 shares of the basic materials company's stock valued at $38,132,000 after purchasing an additional 429,247 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its position in Eastman Chemical by 1,491.4% in the 4th quarter. Public Sector Pension Investment Board now owns 394,836 shares of the basic materials company's stock worth $25,202,000 after purchasing an additional 370,026 shares during the last quarter. Institutional investors and hedge funds own 83.65% of the company's stock. Analyst upgrades and downgrades. EMN has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $82.00 price objective on shares of Eastman Chemical in a research note on Tuesday, May 5th. Royal Bank Of Canada lifted their target price on shares of Eastman Chemical from $79.00 to $82.00 and gave the stock a "sector perform" rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. upped their price target on shares of Eastman Chemical from $80.00 to $82.00 and gave the company an "overweight" rating in a research report on Monday, May 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Eastman Chemical in a research note on Monday, May 18th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $75.00 price objective on shares of Eastman Chemical in a research report on Thursday, July 16th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $80.50. Discover more Stock Market News Email & Messaging Financial News Subscription Eastman Chemical Company profile. Eastman Chemical Company NYSE: EMN is a global specialty materials company that develops, manufactures and markets a broad range of advanced materials, chemicals and fibers. Its product portfolio spans performance additives, functional products, and engineered plastics designed to enhance the durability, appearance and performance of end products across diverse industries. The company's main business activities include the production of specialty chemicals used in adhesives, coatings, building materials and consumer care applications, as well as high-performance plastics for packaging, automotive and electronics markets. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Eastman Chemical, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eastman Chemical wasn't on the list. While Eastman Chemical currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.