May 15, 2012

Eastman supports comprehensive tax reform that lowers this tax rate to level the global playing field

In 2011, Eastman paid: $225 million in federal taxes $14 million to state of Texas At 35%, the US statutory corporate tax rate is the highest in the world Both parties support tax reform and a 25% statutory tax rate for companies like Eastman The difficulty is accomplishing reform in a revenue neutral fashion Eastman and Taxation

Eastman supports open access to markets for trade and investment, while ensuring our domestic markets are not subjected to unfair trade practices.

Eastman Trade Chemical industry accounted for 10% of total US exports in 2012 Eastman ranked as 21 st largest containerized US exporter in 2010 Roughly half of Eastman’s revenues come from overseas exports The state of Texas accounted for 17% of all US exports in 2011

Eastman applauds regulations that balance environmental protection with domestic economic growth and the preservation of good domestic manufacturing jobs.

Eastman & the Environment TXO received “Excellence in Caring for Texas” award from the Texas Chemical Council TXO selected as “Certified Forest Steward” by state of Texas

Eastman is in favor of domestic energy policies that foster a diverse and inexpensive supply of energy generated from a broad spectrum of sources, as well as expanded energy research and development.

Eastman and Energy EPA named Eastman a 2012 Energy Star Partner of the year In 2011, the company saved enough energy to power 16,000 homes and eliminate greenhouse gas emissions from over 60,000 cars TXO’s cogeneration of steam and electricity represents the most efficient use of natural gas TXO recently was awarded an Energy Efficiency award the American Chemistry Council

Eastman supports improvements to regulations governing chemicals and products to promote enhanced protection of human health and the environment.

Eastman and Chemical Control Eastman is advocating for a revised Toxic Substance Control law that will enhance product safety while facilitating innovations and growth TXO received a “Distinguished Service” award for improved safety