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Eastman Chemical Company, an American Fortune 500 company, is a global specialty chemical company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. Founded in 1920 and based in Kingsport, Tennessee, the company now has more than 40 manufacturing sites worldwide and employs approximately 15,000 people.Eastman Chemical was spun off from parent Eastman Kodak in 1994 and had 2014 sales revenue of approximately $9.6 billion. Eastman manufactures and markets chemicals, fibers and plastics.