EASTMAN CHEMICAL CO
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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FY2025 · Filed Feb 13, 2026
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Additives & Functional Products Segment
In the AFP segment, the Company manufactures materials for products in the food, feed, and agriculture; transportation; water treatment and energy; personal care and wellness; building and construction; consumables; and durables and electronics end-markets. Key technology platforms are cellulosic biopolymers, polyester polymers, alkylamine derivatives, and propylene derivatives.
The AFP segment is focused on producing high-value additives that provide critical functionality but which comprise a small percentage of total customer product cost. The segment principally competes on the differentiated performance characteristics of its products and through leveraging its strong customer base and long-standing customer relationships to promote substantial recurring business and product development. A critical element of the AFP segment's success is its close formulation collaboration with customers through advantaged application development capability.
| Product | Description | PrincipalCompetitors | Key RawMaterials | End-Use Applications |
|---|---|---|---|---|
| Care Additives | ||||
| Alkylamine derivativesOrganic acids and derivativesCellulosic biopolymers | amine derivative-based building blocks for production of flocculantsintermediates for surfactantsmetam-based soil fumigantsorganic acid-based solutions | BASF SEHuntsman CorporationArgo-Kanesho Co., Ltd.AdisseoDSM-Firmenich | alkylaminesacrylonitrilealcoholsmethanol ethylene oxidecarbon disulfide ("CS2")caustic soda | water treatment personal and home carepharmaceuticalsagriculture and crop protectiongut health solutionspreservation and hygiene |
| Coatings Additives | ||||
| Polymers cellulosics polyesters polyolefinsAdditives and Solvents Texanol™ Optifilm™ ketones esters EastaPure™ electronic chemicals | specialty coalescents specialty solvents paint additivesspecialty polymers | BASF SEDow Inc.OXEACelanese CorporationAlternative TechnologiesElementis GlobalClariant Specialty Chemicals | wood pulppropanepropylene | building and construction (architectural coatings) transportation (OEM) and refinish coatingsdurable goods (wood, industrial coatings and applications)consumables (graphic arts, inks, and packaging)electronics |
| Functional Amines | ||||
| Alkylamines | methylamines and saltshigher amines and solvents | BASF SEArclin Inc.AdvansixOXEA | methanolammoniaacetoneethanolbutanol | agrochemicals energypharmaceuticalswater treatment industrial intermediates |
| Specialty Fluids & Energy | ||||
| Therminol™Turbo oilsSkydrol™SkyKleen™Marlotherm™ | heat transfer and aviation fluids | Dow Inc.Exxon Mobil Corporation | benzenephosphorousneo-polyol esters | industrial chemicals and processing (heat transfer fluids for chemical processes)renewable energycommercial aviation |
See Exhibit 99.01 for AFP segment revenue by end-use market.
Management applies Eastman's innovation-driven growth model in the AFP segment by leveraging proprietary technologies for the continued development of innovative product offerings and focusing growth efforts in end-markets such as food, feed, and agriculture; transportation; water treatment and energy; personal care and wellness; building and construction; consumables; and durables and electronics. Management believes that the ability to leverage the AFP segment's research, differentiated application development, and production capabilities across multiple markets uniquely positions it to meet evolving needs to improve the quality and performance of its customers' products. For example, Eastman EastaPure TM electronic chemicals is a portfolio of ultrapure solvents designed to meet the rigorous purity needs required in the electronics industry with our comprehensive material testing, multiple purification steps, shipping measures, and on-site, state-of-the-art, clean room that provides continuous monitoring and purity certification. The Company is also developing solutions to address the environmental challenges caused by non-biodegradable materials in personal care products by leveraging its world-class biodegradable cellulosic biopolymer technology platform in biodegradable cellulose-ester micropowders for personal care applications.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.