KINGSPORT, TN (June 12, 2008)—Eastman Chemical Company is contributing more than $50,000 to assist the earthquake relief efforts in China.
The donation, made by the Eastman Foundation to the American Red Cross, is in addition to contributions by Eastman employees in Shanghai of more than $10,000.
The company made this statement on behalf of its employees:
"It has been heart-breaking to realize the devastation resulting from this tragedy. The need for emergency aid continues to be acute, and the many people directly affected by this disaster are in our thoughts and prayers." The Eastman Chemical Company Foundation is a private charitable foundation. Established in 1993 by Eastman, the Foundation is funded entirely by the company and is Eastman’s chief source of funding support to qualified non-profit charitable organizations.
About Eastman Chemical Company
Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is a major supplier of cellulose acetate fibers; and produces PET polymers for packaging. As a Responsible Care® company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2007 sales of $6.8 billion and approximately 10,500 employees. For more information about Eastman and its products, visit www.eastman.com.