Nathan Alexander

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• Nathan Alexander
• Roanoke College
• April 3, 2001

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COMPANY PROFILE

• Worlds largest supplier of polyester (PET)
  plastics used for packaging.
• 16,100 employees
• 53 manufacturing sites worldwide
• Year 1999 sales 4.6 billion dollars
• Year 2000 sales 5.3 billion dollars

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COMPANY DIVISIONS

• Basic Chemicals
• Transaction Cards
• Display Cases
• Carpet Fiber
• Toothbrush
• Photographic, Movie, X-ray film
• Sports Equipment
• Vinyl Flooring

• Fine Chemicals
• Agriculture
• Photographic
• Silicon Computer Chips
• Pharmaceuticals
• Excipients
• Intermediate/ bulk actives

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HISTORICAL OVERVIEW

• 1920 Tennessee Eastman Corporation begins
• 1954 Production of polyethylene begins
• 1968 Eastman Chemicals Division of Eastman
  Kodak Co. is formed
• 1978 Manufacture of PET resin for containers
• 1990 Eastman Chemicals Division renamed
• 1994 Eastman Chemical Co. becomes independent
• 1999 1st Chemical Co. offering e-commerce

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ACQUISITIONS TIMELINE

• 1994 Genecor International
• 1996 ABCO Industries, Inc.
• 1998 Ernst Jager, Fabrik Chemischer Rohstoffe
  GmbH Co.
• 1999 Lawter International, Inc.
• 2000 Chemické závody Sokolov, and McWhorter
  Technologies, Inc.

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POLYETHYLENE TEREPHTHALATE (PET)

• Notable stiffness as a result of benzene rings in
  polymer chains
• Drawing process aligns polymer chains closer
  together for more stiffness
• Fiber, high strength plastic, or transparent
  container

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EASTMAN FAMILIES OF PET
Plastic Characteristics End Uses
Eastacoat Polyesters Grease Resistant, temp. resistant, oxygen barrier Dual-ovenable tray Frozen food container
Eastapak Polymers Excellent clarity, toughness, good gas barrier, no stress-whitening, grease resist Drink containers, film, gen. purpose packaging, modified atmospheric packaging
Eastman Polyesters Gamma sterilizable, stain resistant Carpets, non-woven fabrics, strapping
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• 3,4-Epoxy-1-butene or epoxybutene
• Continuous air oxidation of butadiene
• Multifunctional molecule
• Potential availability of dozens of products

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• Developed for coatings industry
• Architectural coating value
• Industrial/ maintenance area
• Environmentally safe system

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• Dual ovenable plastic
• Freezable plastic
• Only branded packaging program in the food
  industry

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QUESTIONS?