eastman chemical spinoff is a large chem corp. see that they also bought monsanto's legacy chemical business (solutia)
most interesting is the ties to the oak ridge facility. eastman's monster flagship chem plant is right down the road from there
another curiosity is the ties to the monster explosion in texas city during the years of the uranium enrichment at oak ridge. that plant was run by monsanto when the explosion happened........same plant is now run by eastman. the historic explosion was blamed on fertilizer. it leveled a gigantic area and killed hundreds of people
An effect of World War I was a scarcity in raw materials such as photographic paper, optical glass, gelatin and many chemicals, including methanol, acetic acid and acetone. After the war ended, Eastman Kodak founder George Eastman began working to have an independent supply of chemicals for his photographic processes. His search for suitable quantities of methanol and acetone led him to the southern United States.
In 1994, Eastman Chemical Company spun off from Eastman Kodak and became an independent corporation. In early 2005 Eastman broke ground on the first world-scale manufacturing facility using IntegRex, a technology that reduces the number of intermediate process steps in producing PET resin. This technology is now owned by DAK Americas.
In July 2012, Eastman Chemical Corporation completed its acquisition of Solutia Inc., a manufacturer of performance materials and specialty chemicals, for $4.8 billion.
monsanto also had a large pharma business that it spun out alongside solutia - when monsanto broke up into three parts. the pharma division was quickly bought out by another pharma giant. monsanto stock holders ended up with three stocks - monsanto, solutia, and pfizer
bayer has done pharma and industrial chems for a long time. other companies too