Eastman’s Continued Investments in Martinsville Site Enable Continued Innovation to Support the Paint Protection Market

KINGSPORT, Tenn., March 15, 2018 – Eastman Chemical Company today announced the completion of a state-of-the-art urethane extrusion line at its Martinsville, Virginia, plant. This new extrusion line, coupled with sourcing partnerships, reinforces Eastman’s versatility, reliability and commitment to the paint protection films and window films business.

“Eastman has world-class internal manufacturing and external sourcing partnerships that ensure our ability to grow, innovate and serve our customers in this growing market,” said Travis Smith, vice president and general manager of Eastman’s Performance Films business. “The integration provided by this urethane line to produce the raw materials needed to manufacture our paint protection films is a testament to our on-going investments to support the current and future needs of our dealers and channel partners.”

Eastman’s next-generation paint protection film products provide a combination of performance, aesthetics, and installation ease and have resulted in tremendous adoption and acceptance by dealers and customers around the world. Eastman continues to drive investments related to product development and innovation, manufacturing and quality excellence, and consumer marketing programs to support development and growth of the window film and protective film markets.

The company has announced a series of significant investments in paint protection films over the past year, including a Performance Films Patterns and Software Center of Excellence, a major capacity expansion at its Martinsville manufacturing facility and the launch of a new generation paint protection film.

“This is part of a series of investments we’re making to continue innovating and differentiating Eastman as a uniquely integrated manufacturer and marketer of paint protection films,” said Darrell Reed, commercial director. “We are excited that this investment provides significant flexibility for future innovation of Eastman’s paint protection film portfolio and achieves Eastman’s vision of being the world’s preferred manufacturer of paint protection films.”

Performance Films is a part of Eastman’s Advanced Materials business segment. With over 60 years of experience, Eastman Performance Films, LLC is a leading manufacturer and marketer of high performance window tint and paint protection film for automotive applications and window film for residential and commercial applications. To learn more about Eastman window and paint protection films visit www.llumar.com and www.suntekfilms.com.

Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in more than 100 countries and had 2017 revenues of approximately $9.5 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,500 people around the world. For more information, visit www.eastman.com.

Contacts:
Media: Kristin Parker
423-229-2526/ kristin@eastman.com

http://www.eastman.com/Company/News_Center/2018/Pages/Eastmans-Continued-Investments-in-Martinsville-Site.aspx