Adhesives & Sealants Headlines

Eastman Names Mowen to Head New Segment

KINGSPORT, Tenn. — Eastman Chemical Co. has enhanced the focus on its efforts to increase revenue and earnings from developing new businesses and has realigned its organizational and reporting structure to reflect this change. As a result, the company has added a new financial reporting segment for “Developing Businesses,” effective with first quarter 2003.

“Our actions demonstrate the growing importance of our investment in non-traditional growth opportunities,” said J. Brian Ferguson, chairman and chief executive officer. “Adding the Developing Businesses Division and segment provides greater visibility to this increasingly important component of our company, without making significant changes to the way we report our core businesses.”

Roger K. Mowen Jr., senior vice president, is leading the Developing Businesses Division. “During Roger’s 30-year career, he has had experience in nearly every facet of business building,” Ferguson said. “His experience and ability to lead efforts to build new capabilities and deliver value to the marketplace will be important elements in the success of this new segment.”

Eastman’s operating divisions now include:

• Eastman Division, with three segments: Coatings, Adhesives, Specialty Polymers and Inks; Performance Chemicals and Intermediates; and Specialty Plastics.

• Voridian Division, with two segments: Polymers and Fibers.

• Developing Businesses Division, with one segment of the same name.

Links

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI April 2015 cover

2015 April

Our April issue includes previews of the ASC Spring Convention and Expo and the European Coatings Congress and Show, as well as articles detailing end-use applications in transportation, raw materials and equipment. Check it out today!

Table Of Contents Subscribe

Better Jobs

Is the economy prompting you to consider leaving your job for a better one?
View Results Poll Archive

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.