| Business Summary | | Eastman
Chemical
Company
(Eastman)
is
a
global
chemical
company
engaged
in
the
manufacture
and
sale
of
a
broad
portfolio
of
chemicals,
plastics,
and
fibers.
Eastman
is
the
world's
largest
supplier
of
polyethylene
terephthalate
for
beverage
bottles
and
is
a
leading
supplier
of
ingredients
for
coatings,
adhesives,
specialty
polymers,
and
inks,
as
well
as
cellulose
acetate
fibers.
In
2000,
the
Company
had
sales
revenue
of
$5.3
billion.
The
Company
has
two
operating
segments:
Chemicals
and
Polymers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | 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
six
months
ended
6/30/01,
revenues
rose
8%
to
$2.75
billion.
Net
loss
totaled
$110
million
vs.
an
income
of
$154
million.
Revenues
reflect
higher
selling
prices
and
higher
volumes
resulting
from
acquisitions.
Net
loss
reflects
a
$290
million
write-off
of
impaired
assets
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Earnest Deavenport, Jr., 62 Chairman,
CEO | $3.0M | $788K | James Rogers, 49 Sr.
VP, CFO | 1.2M | -- | James Chitwood, 57 Sr.
VP- Corp. Strategy and CTO | 1.1M | -- | Roger Mowen, Jr., 55 VP
Global Customer Group, CIO | -- | -- | Mark Joslin, 41 VP,
Controller | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|