Vitamin C Ethyl Ether,Ascorbic Acid,Ethyl Ascorbic Acid Ether,Ascorbic Acid Powder JINGJIANG HENGTONG BIO-ENGINEERING CO.,LTD , https://www.jjhtbio.com
Last week, Eastman opened its first technology center in China, marking a significant milestone in the company's global expansion. At the official unveiling ceremony, Nelson, Eastman’s Global Chief Technology Officer and Senior Vice President, emphasized that as a leading multinational chemical company, the new center will bring Eastman’s cutting-edge expertise and innovation directly to the Chinese market. He highlighted that this initiative reflects the company’s ongoing dedication to delivering greater value to customers through continuous technological advancement.
Over the past 80 years, Eastman has evolved from a relatively unknown company into a globally recognized leader in the chemical industry. According to Nelson, the core of Eastman’s growth has always been driven by innovation. The company invests over $160 million annually in research and development, which accounts for 2.3% of its annual sales revenue. In addition, it spends more than $22 million on technical services and support, with over 20% of its sales coming from newly developed products. This is largely due to the successful application of new technologies.
With the completion of the China Technology Center, Eastman now operates seven global technology centers, allowing it to offer timely and efficient joint R&D and innovative solutions to customers worldwide. Nelson explained that Eastman’s innovation strategy focuses on four key areas: process optimization, new product development, exploring new application fields, and technical support. The company integrates its R&D efforts across all business sectors, ensuring that market demands guide the direction of innovation. By aligning R&D with marketing and business teams, Eastman can better understand customer needs and deliver tailored solutions that drive mutual value.
One of Eastman’s recent breakthroughs is the IntegRex technology, which enables the production of PET resin from PET waste. This innovative process not only reduces conversion costs by 15% but also cuts molding costs by 30%. It also lowers capital and operational expenses, with the equipment footprint being just half of traditional PET production lines. Energy consumption, equipment requirements, and labor are significantly reduced. To protect its intellectual property, Eastman has filed over 100 patents for this technology.
In addition to industrial innovations, Eastman is actively investing in environmental sustainability and alternative energy sources. The company has developed eco-friendly products such as modified polyester resins and biodegradable materials. While current market demand for these products is still limited, Nelson believes that as oil prices rise and raw material costs increase, the chemical industry must focus more on sustainable development and green innovation. These efforts ensure long-term viability and competitiveness.
Nelson concluded by emphasizing that as a global chemical company with diverse product lines—ranging from paints and plastics to fibers—Eastman must continue to innovate and provide customized solutions for different markets and customers. The establishment of the China Technology Center is not only a commitment to the Chinese market but also a demonstration of Eastman’s broader innovation strategy. This strategic move allows the company to bring world-class expertise and decades of research to one of the fastest-growing regions in the world, benefiting scientists and customers across Northeast Asia.
Looking ahead, Eastman plans to expand the scale and capabilities of its technology centers, enhancing local collaboration and improving customer satisfaction through more tailored and effective innovation.