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Dr. Xiaorong You, a/k/a Shannon You, 59, of Lansing, Michigan was convicted of conspiracy to commit economic espionage, conspiracy to steal trade secrets, possession of stolen trade secrets, economic espionage and wire fraud.

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Eastman Chemical Co. announced on Monday it is making an investment to upgrade and expand its extrusion capabilities for production of interlayers product lines at its Springfield, Massachusetts, manufacturing facility.

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City leaders approved a $10.5 million incentive for Eastman Chemical Co. earlier this week, a measure undertaken in connection with the company’s plans to build a $250 million state-of-the art plastics recycling facility.

That Eastman Chemical Co. will invest $250 million to build one of the world’s largest plastic recycling facilities in Kingsport is exciting beyond its economic impact. Eastman's cutting-edge chemical recycling process holds the promise of keeping untold tons of harmful plastic waste out of the environment.

Eastman Chemical Co. recently announced a $250 million investment to build one of the world’s largest plastic-to-plastic molecular recycling facilities in Kingsport. This state-of-the-art facility will convert polyester waste that often ends up in landfills and waterways into durable products.