Eastman Chemical Company
Eastman Chemical Company is a global specialty chemicals company that manufactures synthetic heat transfer fluids (Therminol), advanced materials, and molecular recycling technologies for industrial B2B customers across chemical processing, energy, automotive, and consumer goods sectors worldwide.
- Company typePublic
- Founded1920
- HeadquartersKingsport, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Eastman Chemical Company does
Eastman Chemical Company is a global specialty materials company founded in 1920 and headquartered in Kingsport, Tennessee, with approximately 13,000 employees worldwide. The company develops, manufactures, and sells specialty chemicals across four primary platforms — advanced materials, additives and functional products, chemical intermediates, and fibers — with its flagship Therminol brand offering synthetic heat transfer fluids operating across a -115°C to 400°C range for industrial temperature control. Eastman also operates proprietary molecular recycling technologies (polyester renewal and carbon renewal) for circular-economy applications, with active manufacturing and R&D operations in Kingsport, Longview (Texas), and France.
The company monetizes through transaction-based B2B sales of specialty chemicals, distributed via a hybrid model combining direct enterprise sales to major industrial accounts with regional distributors including RelaDyne in the United States and Krahn Chemie GmbH in Europe. Customer segments span chemical processing, oil and gas, concentrated solar power, pharmaceutical manufacturing, automotive, building and construction, and consumer goods, with the Therminol installed base exceeding 15,000 system operators globally. The product portfolio is supported by the Total Lifecycle Care (TLC) service program and the Fluid Genius predictive-analytics software application for fluid sample analysis and system optimization. Eastman trades on the NYSE under ticker EMN, has paid 16 consecutive years of dividend increases, and reported full-year 2025 revenue of $8.752 billion.
Eastman Chemical Company firmographics
Firmographics- Name
- Eastman Chemical Company
- Legal name
- Eastman Chemical Company
- Website
- https://therminol.com
- Company type
- Public
- Founded year
- 1920
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Eastman Chemical Company is a global specialty chemicals company that manufactures synthetic heat transfer fluids (Therminol), advanced materials, and molecular recycling technologies for industrial B2B customers across chemical processing, energy, automotive, and consumer goods sectors worldwide.
- Ownership category
- akta.pro rank
Eastman Chemical Company industry classification
Industry- Product category
- Specialty Chemicals
- NAICS
- Chemical Manufacturing (325), Power Boiler and Heat Exchanger Manufacturing (33241)
- SIC
- Miscellaneous Chemical Products (2890), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)
- akta.pro secondary industry
- Turbine Oils (Gas/Steam/Wind) (IMAEAMAI)
Keywords
Where Eastman Chemical Company is headquartered
LocationHeadquarters
- HQ city
- Kingsport
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Eastman Chemical Company business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Specialty Chemicals: Sales of specialty chemical products including heat transfer fluids (Therminol), acetate products, and advanced materials. Revenue declined 7% to $8,752 million in 2025.
- Operating Cash Flow: The company generated approximately $970 million in operating cash flow for 2025, down from $1,287 million in 2024.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Eastman Chemical Company product offering
Product offeringCore offering
Eastman Chemical Company manufactures and sells specialty chemicals, with its flagship Therminol brand offering synthetic heat transfer fluids that provide precise temperature control across an operating range of -115°C to 400°C for industrial applications including chemical processing, concentrated solar power, oil and gas, pharmaceutical manufacturing, and plastic molding. The company also produces acetate products, advanced materials, and operates molecular recycling technologies (polyester renewal and carbon renewal) for circular economy applications.
Product overview
Eastman Chemical Company's product portfolio for the Therminol brand centers on synthetic heat transfer fluids as the core product, supported by the Total Lifecycle Care (TLC) program for maintenance services and Fluid Genius software for predictive analytics and system optimization. Therminol heat transfer fluids operate across temperature ranges from -115°C to 400°C and serve diverse industrial applications including concentrated solar power, chemical manufacturing, oil and gas processing, pharmaceutical manufacturing, and plastic molding. The products are offered through a distribution network including RelaDyne in the U.S. and Krahn Chemie in Europe.
Differentiator
Problem solved
Functional benefit
Brands
- Therminol: Premium heat transfer fluids - world's top-selling synthetic heat transfer solutions for precise temperature control in single or multistation heat-using systems, operating from -115°C to 400°C
- Fluid Genius
- Total Lifecycle Care (TLC)
- Eastman PET Renew
- TruLast Technology
Products and services
- Therminol Heat Transfer Fluids
Quantifiable outcome
- Over 15,000 system operators globally trust Therminol for heat transfer solutions
- +3 more outcomes
Companies that use Eastman Chemical Company
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles3 records
Eastman Chemical Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Eastman Chemical Company partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- RelaDynecoreRelaDyne was appointed as the Therminol distributor in the United States, strengthening the distribution network for Eastman's heat transfer fluid products in the North American market.
- Krahn Chemie GmbHcoreKrahn Chemie GmbH handles the European distribution arrangement for Therminol heat transfer fluids, extending Eastman's reach in the European market.
Scale indicators7 records
Recent moves7 records
Expansion highlights4 records
Eastman Chemical Company competitors and assessment
Company assessmentDirect peers
- Celanese Corporation: Specialty chemicals company producing acetyl products, engineered materials, and acetyl chain derivatives. Direct comparable in chemical manufacturing scale, product mix, and exposure to industrial/automotive end markets.
- Innospec Inc. Specialty chemicals company focused on fuel additives, performance chemicals, and oilfield services chemicals. Comparable mid-cap specialty chemical peer with similar B2B industrial distribution model.
- Clariant AG: Swiss specialty chemicals company producing industrial and consumer-focused specialty chemicals including additives, catalysts, and industrial fluids. Comparable in product specialization and end-market diversification across industrial sectors.
- Quaker Houghton: Specialty industrial fluid manufacturer focused on metalworking fluids, hydraulic fluids, and industrial process fluids, including heat transfer fluid adjacencies. Closest direct competitor to Eastman's Therminol business given overlapping product categories and industrial customer base.
- Huntsman Corporation: Specialty chemicals manufacturer with products spanning polyurethanes, performance products, and advanced materials. Comparable mid-cap specialty chemical peer with overlapping industrial and consumer end-market exposures.
Broad incumbents
- Dow Inc. Major integrated chemical producer with extensive specialty chemicals, performance materials, and industrial intermediates portfolios. Overlaps with Eastman in industrial fluids, advanced materials, and coatings/construction end markets.
- Westlake Corporation: Integrated chemical and building products manufacturer producing petrochemicals, vinyls, and specialty materials. Comparable in chemical manufacturing scale and exposure to construction/industrial end markets.
- Solvay SA: Belgian specialty chemicals and advanced materials producer with operations in industrial fluids, polymers, and composites. Competes with Eastman in advanced materials and serves overlapping industrial customers.
- DuPont de Nemours: Specialty chemicals and materials company serving electronics, transportation, construction, and industrial markets. Competes with Eastman in advanced materials, performance chemicals, and recycling/sustainability platforms.
- BASF SE: World's largest chemical company producing a broad portfolio of industrial chemicals, specialty fluids, and advanced materials. Competes with Eastman across multiple segments including heat transfer fluids and specialty plastics, though it operates at significantly greater scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Eastman Chemical Company social profiles
Digital presenceEastman Chemical Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eastman Chemical Company leadership team
Management profileNumber of profiles
Profiles9 records
Eastman Chemical Company subsidiaries and ownership
Company hierarchySubsidiaries1 record
Eastman Chemical Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eastman Chemical Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eastman Chemical Company
What does Eastman Chemical Company do?
Eastman Chemical Company manufactures and sells specialty chemicals, with its flagship Therminol brand offering synthetic heat transfer fluids that provide precise temperature control across an operating range of -115°C to 400°C for industrial applications including chemical processing, concentrated solar power, oil and gas, pharmaceutical manufacturing, and plastic molding. The company also produces acetate products, advanced materials, and operates molecular recycling technologies (polyester renewal and carbon renewal) for circular economy applications.
Is Eastman Chemical Company a public or private company?
Eastman Chemical Company is a public company. It is classified as public and is currently operating.
When was Eastman Chemical Company founded?
Eastman Chemical Company was founded in 1920. It employs 11 to 50 people.
Where is Eastman Chemical Company based?
Eastman Chemical Company is headquartered in Kingsport, United States, in the North America region.
How does Eastman Chemical Company make money?
Two revenue lines are on record. Specialty Chemicals are the primary driver. The others are operating Cash Flow.
Who are Eastman Chemical Company's main competitors?
Direct peers on record are Celanese Corporation, Innospec Inc., Clariant AG, Quaker Houghton and Huntsman Corporation. Broad incumbents are Dow Inc., Westlake Corporation, Solvay SA, DuPont de Nemours and BASF SE.
Does Eastman Chemical Company have an API?
No public API is recorded for Eastman Chemical Company.
What industry is Eastman Chemical Company in?
Eastman Chemical Company's product category is Specialty Chemicals. Its primary akta.pro industry code is IMAHAEAC, Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers), with a secondary code of IMAEAMAI, Turbine Oils (Gas/Steam/Wind). Its NAICS code is 325 and its SIC code is 2890.