Eastman Chemical Company

Industry: Plastics Rubber

Fortune Rank: 415

EMN manufactures and sells polyester plastics such as polyethylene terephthalate (PET); coatings and paint raw materials; industrial and fine chemicals, and acetate tow. For the 6 months ended 6/30/05, revenues rose 7% to $3.51B. Net income totaled $368M, up from $78M. Revenues reflect higher selling prices and increased volumes in continuing product lines. Net income also reflects higher equity investment income.

Eastman Chemical Company (Eastman) is a chemical company engaged in the manufacture and sale of a portfolio of chemicals, plastics and fibers. Eastman is a producer of polyethylene terephthalate (PET) polymers for packaging, and a supplier of raw materials for coatings, adhesives, specialty plastic products and other formulated products, and of cellulose acetate fibers. Eastman is aligned into three divisions: Eastman, Voridian and Developing Businesses, with a total of six operating segments. Eastman Division consists of the Coatings, Adhesives, Specialty Polymers and Inks segment, the Performance Chemicals and Intermediates segment, and the Specialty Plastics segment. Voridian Division contains the Polymers segment and the Fibers segment. Developing Businesses Division contains the Developing Businesses segment.

Eastman Chemical Company

Eastman Chemical Company is a Fortune 500 company. In 2010 Eastman Chemical Company was ranked number 415 on the Fortune 500 list, making it the 415th largest company in the United States when judged by revenue.

Eastman Chemical Company achieved revenue of $5,047.00 million in 2010 and earned a profit of $136.00 million.

Eastman Chemical Company's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 364th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $6,895 million (a change of -1 million compared to 2010) and profits of $346 million (a change of -210 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Eastman Chemical Company would be ranked 340th rather than 415th due to its profits of $136 in 2010.

Eastman Chemical Company Revenue* Profit* Fortune Ranking

* US$ Million

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