Eastman Chemical Company

Eastman Chemical Company is a global specialty chemicals manufacturer headquartered in Kingsport, Tennessee. Established in 1920, the company produces a diverse range of advanced materials, chemicals, and fibers utilized in everyday products. Its operations span multiple segments, including Additives & Functional Products, Advanced Materials, Chemical Intermediates, and Fibers. The Additives & Functional Products segment offers a variety of specialty solvents, polymers, and additives for industries such as transportation and construction. The Advanced Materials segment provides copolyesters and protective films for durable goods and health markets. The Chemical Intermediates segment supplies various essential chemicals for industrial applications, while the Fibers segment focuses on cellulose acetate products for filtration and hygiene. With over 40 manufacturing sites across 16 countries, Eastman's extensive product portfolio caters to diverse end markets, benefiting from global trends like energy efficiency and increasing health awareness. The company’s strategic focus on specialty businesses enhances its competitive position in the marketplace.

Mark Costa

Chairman and Chief Executive Officer

Curt Espeland

Executive Vice President and Chief Financial Officer

Jake LaRoe

Manager, Investor Relations

William McLain

Senior Vice President and Chief Financial Officer

Gregory Riddle

Vice President, Investor Relations and Corporate Communications

Elaine Stallworth-Washington

Director, Benefits Finance and Investments

20 past transactions

Commonwealth Laminating & Coating, a division of CPFilms Inc., is a manufacturing company with a strong emphasis on solar control window films and precision, high-performance coatings. Headquartered in Martinsville, Virginia, U.S.A, CLC combines a state-of-the-art manufacturing facility, proprietary and highly technical processes, efficient global distribution capabilities, and a flexible work force to produce a broad range of high quality products.

Taminco

Acquisition in 2014
Taminco (NYSE: TAM) is a global specialty chemical company, with a clear focus on niche markets. They are the world's leading producer of alkylamines & derivatives and a major producer of formic acid & derivatives, supplying diversified, global end markets. Their products are used by customers in the manufacture of a diverse array of products for the agriculture, animal nutrition, water treatment, personal & home care and oil & gas end-markets. Their products provide these goods with a variety of ancillary characteristics required for optimal performance.

Knowlton Technologies

Acquisition in 2014
Developer and manufacturer of engineered composites using wet-laid paper making processes.

BP - Aviation Turbine Oil Business

Acquisition in 2014
BP - Aviation Turbine Oil Business manufactures turbines.

Solutia

Acquisition in 2012
Solutia uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day. Solutia is a world leader in performance films for laminated safety glass and after-market applications; process development and scale-up services for pharmaceutical fine chemicals; specialties such as water treatment chemicals, heat transfer fluids and aviation hydraulic fluid and an integrated family of nylon products including high-performance polymers and fibers.

TetraVitae Bioscience

Acquisition in 2011
TetraVitae Bioscience is developing biobased chemicals, plastics, and fuels. Their proprietary technology and expertise in the fields of industrial fermentations, process engineering, microbiology, and cellulosic feedstocks will dramatically lower the costs of production, allowing them to compete with and replace petroleum-derived products.

Scandiflex do Brasil SA

Acquisition in 2011
Scandiflex is the company in South America with the most diversified line of polymeric and monomeric plasticizers, including phthalates, adipates, citrates, maleates, sebacates, azelates and trimellitates, destined to various industries such as paints, Varnishes, films, calenders, adhesives, wires and cables, bundles, packaging, plastics, rubbers, textiles, plastisols, hospital products, veterinary and agricultural pesticides.

Dynaloy

Acquisition in 2011
Dynaloy, LLC develops, manufactures, and markets formulated cleaning solutions for semiconductor and specialty applications. It offers silicone solvents and removers, potting and encapsulation removers, conductive materials, conformal coating removers, urethane and industrial products, and epoxy products for the specialty chemistries sector; and photoresist and residue removers for the semiconductor sector. The company serves urethane spray foam insulation, electronics, 3D printing/stereolithography, medical, and gas/oil markets. It sells its products through a network of distributors in South Korea, Singapore, and Taiwan. The company was founded in 1965 and is based in Indianapolis, Indiana. As of August 1, 2017, Dynaloy, LLC operates as a subsidiary of Versum Materials, Inc.

Sterling Chemicals, Inc.

Acquisition in 2011
Sterling Chemicals, Inc. is a producer of selected petrochemicals used to manufacture a wide array of consumer goods and industrial products throughout the world. Its primary product is acetic acid.

Genovique Specialties Corporation

Acquisition in 2010
Genovique Specialties Corporation is a global producer of specialty plasticizers, benzoic acid, and sodium benzoate.

Optiva

Series C in 2003
Optiva Inc. is a provider of cloud-native revenue management software tailored for communication service providers (CSP) across various global regions, including Europe, the Middle East, Africa, North America, Latin America, the Caribbean, Asia, and the Pacific Rim. The company's solutions facilitate real-time billing, charging, policy management, and enhanced user experiences. Notable products include the Optiva Charging Engine, which aids CSPs in monetizing next-generation services; the Optiva Policy Management solution, designed for data monetization in applications like video streaming and voice over LTE; and Optiva Wholesale Settlement, a cloud solution for accurate interconnect billing. Additionally, Optiva offers e-payment solutions and a comprehensive Business Support Systems Platform for converged billing. Founded in 1999 and headquartered in Mississauga, Canada, Optiva Inc. aims to support the growth and performance of its telecommunications customers through innovative software solutions.

Traiana

Series B in 2002
Traiana, Inc. specializes in providing pre-trade risk and post-trade processing solutions for banks, broker/dealers, buy-side firms, and trading platforms globally. Founded in 2000 and headquartered in New York, the company offers a range of services, including the Harmony network, which facilitates global market connectivity and trade processing for various asset classes such as foreign exchange, equities, and derivatives. Key offerings include CCP Connect, a trade registration solution, ClientLink for automating the trade lifecycle, and CreditLink for managing credit risk. Traiana also provides Margin Center for monitoring margin requirements, NetLink for aggregating FX retail trades, and TR Connect for trade reporting. Its clientele includes more than 50 prime brokers and numerous hedge funds. As a subsidiary of CME Group, Traiana focuses on automating post-trade processes to enhance efficiency and compliance for financial institutions.

Ariel Research Corporation

Acquisition in 2002
Ariel Research is a provider of worldwide regulatory information and software products that enable corporations to manage product safety and stewardship functions, including requirements for workplace, environmental and dangerous goods compliance. Its customers include major global corporations for chemical, pharmaceutical, consumer products, aerospace, electronics and telecommunications markets.

SDL plc

Series C in 2001
SDL plc is a global provider of language and content management solutions, operating through three main segments: Language Services, Language Technologies, and Content Technologies. The company's product offerings include web content management systems, structured content management solutions, and automated publishing tools. Notable products are SDL Tridion Sites, SDL Tridion Docs, and the SDL Contenta Publishing Suite, which support technical content creation and management. SDL also offers cloud-based translation services through SDL Language Cloud and various translation management systems to streamline translation processes. The company serves a diverse range of industries, including aerospace, automotive, healthcare, and legal sectors. Founded in 1992 and headquartered in Maidenhead, UK, SDL plc operates over 50 offices worldwide. As of November 2020, it functions as a subsidiary of RWS Holdings plc.

EquipNet

Series A in 2001
EquipNet, Inc. is the world’s leading provider of proactive asset management services and solutions for large and small corporations in the pharmaceutical, biotech, chemical, and consumer packaged goods industries. EquipNet’s vision is to revolutionize the way companies manage their surplus assets. Forward thinking corporations such as Merck, Novartis, Johnson & Johnson, Coca Cola Enterprises, Unilever, and many more use EquipNet's Cascading Liquidation™ program to maximize financial returns, meet critical deadlines, avoid unnecessary costs, and prevent health, environmental, and theft hazards associated with idle assets.

Sequencia

Venture Round in 2000
Sequencia provides processPoint, the only web based, collaborative Product Lifecycle Management (PLM) solution designed specifically for the consumer packaged goods, food and beverage, pharmaceutical, specialty chemical, and related process industries.

Moai technologies

Series D in 2000
Moai Technologies Inc. specializes in integrated supply chain management tools and services, offering a comprehensive suite of solutions tailored for global commerce. The company's offerings include logistics, sourcing, procurement, spend management, contract management, and quality management. Moai provides consulting services that focus on process transformation, cost modeling, and marketplace dynamics, alongside e-sourcing solutions such as spend analysis and contract management. The CompleteSource Solution Suite enables purchasing and supply chain managers to implement effective e-sourcing strategies, while the RapidSource program delivers strategic sourcing analysis for specific commodities. Moai also supports its clients through hosted services and education, serving a diverse range of industries including airline, food, gas, and water sectors. Established in 1995 and based in Pittsburgh, Pennsylvania, Moai Technologies aims to enhance efficiency and effectiveness in supply chain operations for enterprises and mid-sized companies.

Inpama

Venture Round in 2000
The Patent & License Exchange ("pl-x.com") is the first e-business marketplace for intellectual property rights - patents, copyrights, trademarks, trade secrets and know how. By applying financial market technology and discipline to the intellectual property market, pl-x.com is bringing the 200-year-old system of intellectual property exchange into the 21st century and creating the safest marketplace in the world.

Commerx Corp.

Series B in 2000
Commerx Corporation is a global provider of Internet solutions, specializing in the design and development of websites and e-commerce platforms. The company offers a range of online communication services, including web design, multimedia production, branding, and internet marketing, alongside print production capabilities such as digital printing. Commerx also develops software solutions, including content management systems, e-commerce applications, and custom applications, as well as managed IT services, web hosting, and IT consulting. Their product offerings include AlertmeFIRST for monitoring website performance, chatWerx for online customer support, commerxContact for client relationship management, and webWerx, a comprehensive website development solution. Founded in 1999 and based in Calgary, Canada, Commerx emphasizes quality assurance, evidenced by its ISO 9000/TL9000 certification, while also providing business process outsourcing services to OEMs and service providers.

webMethods

Venture Round in 1999
webMethods provider of open solutions for business community integration. As one of the first products to deliver XML-based e-commerce solutions, the webMethods B2B(TM) product suite leverages a variety of open Internet standards to automatically link business processes with those of key partners--without the time or expense of altering existing legacy, proprietary or ERP applications.
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