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Eastman Chemical Company
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Manufacturer of chemicals, fibers and plastics materials for every day use products

Founded in
Founded in

Company type Acquired Public ()
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Industry Group materials & chemicals

Sector advanced manufacturing

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Kingsport, TN Kingsport, United States
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Parent Companies Eastman Chemical Company

Updated by Cleantech Group on 04/11/2024

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  • 1 M&A items
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Partnerships
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Date Partner Type
07/15/2021
Hydrogenious LOHC Technologies Hydrogenious LOHC Technologies
Partnership to make the storage and transportation of sustainable hydrogen more secure, easier and more affordable for the clean energy market.
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Confirmed by Hydrogenious LOHC Technologies
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IPO INFORMATION

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Description

Date Investors Type Amount
03/25/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding will be used for project Polyethylene Terephthalate Recycling Decarbonization, led by Eastman Chemical, to construct a first-of-a-kind plastic molecular recycling facility in Longview, Texas capable of taking products that are typically landfilled or incinerated, like polyester trays, colored and opaque bottles, and fabrics and turning them into virgin-quality polyethylene terephthalate (P
Grant $375,000,000
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