Eastman Chemical Company is an American company primarily involved in the chemical industry. Once a subsidiary of Kodak , today it is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes. Founded in 1920 and based in Kingsport, Tennessee , the company operates 36 manufacturing sites worldwide and employs approximately 14,000 people.
140-623: Eastman was spun off from parent Eastman Kodak in 1994. In 2023 it had sales revenue of approximately $ 9.21 billion. Eastman manufactures and markets chemicals, fibers, and plastics. It provides coatings , adhesives and specialty plastics products, is a major supplier of cellulose acetate fibers, and produces copolyesters for packaging. The company's products and operations are managed and reported in four operating segments: Additives & Functional Products, Advanced Materials, Chemical Intermediates, and Fibers. In this segment, Eastman manufactures chemicals and adhesive resins for products in
280-622: A Colorado mine, and accidentally released over three million gallons of waste water into Cement Creek and the Animas River . In 2015, the International Agency for Research on Cancer (IARC), a branch of the World Health Organization , cited research linking glyphosate , an ingredient of the weed killer Roundup manufactured by the chemical company Monsanto , to non-Hodgkin's lymphoma . In March 2017,
420-628: A Fortune 500 company in its own right. A key component of the incremental strategy was Kodak's line of digital self-service kiosks installed in retail locations, where consumers could upload and edit photos, as a replacement for traditional photo developers. Kodak also began manufacturing digital cameras, such as the Apple QuickTake . Film sales continued to rise during the 1990s, delaying the digital transition from occurring faster. In 2001, film sales began to fall. Under Daniel Carp , Fisher's successor as CEO, Kodak made an aggressive move in
560-591: A 15-year cut of 32%, or 789 million metric tons of carbon dioxide. In 2019 it was voided and replaced by the Affordable Clean Energy rule under the Trump administration, and in 2022 its constitutionality was ruled out by the Supreme Court. In August 2015, the 2015 Gold King Mine waste water spill occurred when EPA contractors examined the level of pollutants such as lead and arsenic in
700-522: A 3-km radius circle around the Eastman facility in Kingsport, TN as non-attainment for the 2010 1-hour sulfur dioxide (SO2) primary National Ambient Air Quality Standard (NAAQS). The State of Tennessee continues to monitor ambient sulfur dioxide levels within the non-attainment area. Through 2015, Eastman improved energy intensity by approximately 8% compared to a 2008 baseline. The company established
840-650: A 7% stake, diluted to 4.5% by subsequent share issues, in prominent Unix systems vendor Sun Microsystems . Interactive's role in Kodak's strategy was to deliver Unix-based imaging products and to support Kodak's introduction of Photo CD . Interactive planned to release a distribution of Unix System V Release 4 featuring comprehensive support for imaging peripherals such as scanners and printers, along with facilities for colour management and colourspace conversion. Later in 1991, however, Kodak put Interactive up for sale, attracting interest from various technology companies including
980-832: A 9.6% share, and by 2010, had dropped to a 7% share, in seventh place behind Canon , Sony , Nikon , and others, according to research firm IDC. An ever-smaller share of digital pictures were being taken on dedicated digital cameras, being gradually displaced by cameras on cellphones, smartphones , and tablets . Digital camera sales peaked in 2007 and declined afterwards. Kodak began another strategy shift after Antonio Pérez became CEO in 2005. While Kodak had previously done all development and manufacturing in-house, Pérez shut down factories and outsourced or eliminated manufacturing divisions. Kodak agreed to divest its digital camera manufacturing operations to Flextronics in August 2006, including assembly, production and testing. The company exited
1120-540: A World’s Most Ethical Company. Eastman Kodak The Eastman Kodak Company , referred to simply as Kodak ( / ˈ k oʊ d æ k / ), is an American public company that produces various products related to its historic basis in film photography. The company is headquartered in Rochester, New York , and is incorporated in New Jersey . It is best known for photographic film products, which it brought to
1260-404: A camera simultaneously. That same year, Eastman patented a form of paper film he called "American film". Eastman would continue experimenting with cameras and hired chemist Henry Reichenbach to improve the film. These experiments would culminate in an 1889 patent for nitrocellulose film. As the company continued to grow, it was re-incorporated several more times. In November 1889, it was renamed
1400-517: A coal-fired boiler at its Indian Orchard facility in Springfield, Massachusetts, to natural gas in 2015. As of 2019, Eastman has been recognized by the U.S. Environmental Protection Agency (EPA) as an ENERGY STAR Partner of the Year eight consecutive years. Eastman has also been recognized three consecutive years by Glassdoor as an Employees’ Choice Best Place to Work and by Ethisphere Institute as
1540-516: A complete shift to digital photography would occur by 2010. However, company executives were reluctant to make a strong pivot towards digital technology, since it would require heavy investment, make the core business of film unprofitable, and put the company into direct competition with established firms in the computer hardware industry. Under CEOs Colby Chandler and Kay Whitmore, Kodak instead attempted to diversify its chemical operations. Although these new operations were given large budgets, there
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#17327811763671680-538: A deadline of February 15, 2013, to produce a reorganization plan. In January 2013, the Court approved financing for Kodak to emerge from bankruptcy by mid 2013. During bankruptcy proceedings, Kodak sold many of its patents for approximately $ 525 million to a group of companies (including Apple , Google , Facebook , Amazon , Microsoft , Samsung , Adobe Systems , and HTC ) under the names Intellectual Ventures and RPX Corporation . Kodak announced that it would end
1820-502: A dramatic move to the right, President Ronald Reagan in 1981 appointed Anne Gorsuch as EPA administrator. Gorsuch based her administration of EPA on the New Federalism approach of downsizing federal agencies by delegating their functions and services to the individual states. She believed that EPA was over-regulating business and that the agency was too large and not cost-effective. During her 22 months as agency head, she cut
1960-420: A future digital shift. Kodak sought to establish a presence in the information systems market, acquiring Unix developer Interactive Systems Corporation in early 1988 to operate as a subsidiary of Kodak's newly established software systems division. Kodak's resources enabled Interactive to expand their business, but this raised issues with regard to Kodak's strategy, since the company had previously acquired
2100-489: A goal to improve energy intensity 20% by 2020. In 2014 and early 2016, Eastman converted two boilers at its Kingsport, Tennessee, site from coal to natural gas combustion. Three additional boilers will be converted by 2018 for a total of five. The Kingsport boiler conversion project is the most significant air pollution control project in the history of Eastman and will diversify the Kingsport facility’s energy mix from 90% coal to 50% coal and 50% natural gas. Eastman also converted
2240-476: A high poverty rate in the city. Between 2007 and 2018, real GDP losses from Kodak canceled out the growth in all other sectors in Rochester. On March 12, 2014, Kodak announced that Jeffrey J. Clarke had been named as chief executive officer and a member of its board of directors. At the end of 2016, Kodak reported its first annual profit since bankruptcy. In recent years, Kodak has licensed its brand to
2380-458: A high-margin printer ink business to replace falling film sales, a move which was widely criticized due to the amount of competition present in the printer market, which would make expansion difficult. Kodak's ink strategy rejected the razor and blades business model used by dominant market leader Hewlett-Packard by selling expensive printers with cheaper ink cartridges. In 2011, these new lines of inkjet printers were said to be on verge of turning
2520-620: A joint House–Senate colloquium was convened by the chairmen of the Senate Committee on Interior and Insular Affairs, Senator Henry M. Jackson , and the House Committee on Science and Astronautics, Representative George P. Miller , to discuss the need for and means of implementing a national environmental policy. Congress enacted the National Environmental Policy Act of 1969 (NEPA) and the law
2660-437: A large portion of his stock to company employees below market value. The expansion of benefits continued after Eastman; in 1928, the company began offering life insurance , disability benefits, and retirement annuity plans for employees, at the behest of company statistician Marion Folsom . Many other employers in the Rochester area took cues from Kodak and increased their own wages and benefits in order to remain competitive in
2800-416: A mass market for the first time. Kodak began as a partnership between George Eastman and Henry A. Strong to develop a film roll camera. After the release of the Kodak camera, Eastman Kodak was incorporated on May 23, 1892. Under Eastman's direction, the company became one of the world's largest film and camera manufacturers, and also developed a model of welfare capitalism and a close relationship with
2940-612: A national outcry and criminal charges against major steel companies. The US Justice Department in late 1970 began pollution control litigation in cooperation with the new EPA. Congress enacted the Federal Water Pollution Control Act Amendments of 1972, better known as the Clean Water Act (CWA). The CWA established a national framework for addressing water quality, including mandatory pollution control standards, to be implemented by
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#17327811763673080-421: A new roll of film. Additional rolls were also sold for $ 2 to professional photographers who wished to develop their own photographs. By unburdening the photographer from the complicated and expensive process of film development, photography became more accessible than ever before. The camera was an immediate success with the public and launched a fad of amateur photography. Eastman's advertising slogan, " You Press
3220-461: A number of other companies. The California-based company JK Imaging has manufactured Micro Four-Thirds cameras under the Kodak brand since 2013. The Kodak Ektra , a smartphone , was designed by the Bullitt Group and launched in 2016. Digital tablets were announced with Archos in 2017. In 2018, Kodak announced two failed cryptocurrency products; the cryptocurrency KodakCoin , which
3360-663: A partnership with Edwin Land to supply polarized lenses, after briefly considering an offer to purchase Land's patents. Land would later launch the Polaroid Corporation and invented the first instant camera using emulsions supplied by Kodak. Frank Lovejoy succeeded William Stuber as company president in 1934, and Thomas J. Hargrave became president in 1941. After the American entry into World War II , Kodak ceased its production of amateur film and began supplying
3500-848: A petition with the US Commerce Department under section 301 of the Commerce Act arguing that its poor performance in the Japanese market was a direct result of unfair practices adopted by Fuji. The complaint was lodged by the United States with the World Trade Organization . On January 30, 1998, the WTO announced a "sweeping rejection of Kodak's complaints" about the film market in Japan. A price war between
3640-498: A profit, although some analysts were skeptical as printouts had been replaced gradually by electronic copies on computers, tablets, and smartphones. Inkjet printers continued to be viewed as one of the company's anchors after it entered bankruptcy proceedings. However, in September 2012 declining sales forced Kodak to announce an exit from the consumer inkjet market. Kodak's finances and stock value continued to decline, and in 2009
3780-511: A public record, making it controversial and difficult to rescind. So they did not open it; rather, they called Johnson and asked him to take back the draft. Johnson rescinded the draft; in July 2008, he issued a new version which did not state that global warming was danger to public welfare. Burnett resigned in protest. In April 2008, the Union of Concerned Scientists said that more than half of
3920-490: A rotating bar to operate the shutter. When the user pressed the button to take a photograph, an inner rope was tightened and the exposure began. Once the photograph had been taken, the user had to rotate the upper key to change the selected frame within the celluloid tape. The $ 25 camera came pre-loaded with a film roll of 100 exposures, and could be mailed to Eastman's headquarters in Rochester with $ 10 for processing . The camera would be returned with prints, negatives , and
4060-591: A second term. As a condition for accepting his appointment, Ruckleshaus obtained autonomy from the White House in appointing his senior management team. He then appointed experienced competent professionals to the top management positions, and worked to restore public confidence in the agency. Lee M. Thomas succeeded Ruckelshaus as administrator in 1985. In 1986 Congress passed the Emergency Planning and Community Right-to-Know Act , which authorized
4200-757: A senior official at the Environmental Protection Agency had worked to quash a review of Roundup's main ingredient, glyphosate, that was to have been conducted by the United States Department of Health and Human Services ." The records show that Monsanto was able to prepare "a public relations assault" on the finding after they were alerted to the determination by Jess Rowland , the head of the EPA's cancer assessment review committee at that time, months in advance. Emails also showed that Rowland "had promised to beat back an effort by
4340-600: A separate class from other workers in Rochester, and "From the cradle infants are impressed with the fact that 'daddy is a Kodak man'; inferentially this compares with 'our father is a 33rd degree mason '". A 1989 New York Times article compared Rochester to a company town . Kodak's business model changed little from the 1930s to the 1970s, as the company's dominant position made change unnecessary and it made no mergers or acquisitions which might bring new perspectives. Research and development remained focused on products related to film production and development, which caused
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4480-580: A total of fourteen states had joined the suit—the U.S. Court of Appeals for the District of Columbia ruled that the EPA regulations violated the Clean Air Act. In response, EPA announced plans to propose such standards to replace the vacated Clean Air Mercury Rule, and did so on March 16, 2011. In July 2005 there was a delay in the issuance of an EPA report showing that auto companies were using loopholes to produce less fuel-efficient cars. The report
4620-842: A turnaround strategy in the 2000s, Kodak instead made an aggressive turn to digital photography and digital printing . These strategies failed to improve the company's finances, and in January 2012, Kodak filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York . In September 2013, the company emerged from bankruptcy, having shed its large legacy liabilities, restructured, and exited several businesses. Since emerging from bankruptcy, Kodak has continued to provide commercial digital printing products and services, motion picture film , and still film,
4760-626: A wide spectrum of waste plastics that traditional recycling methods cannot, including polyesters, polypropylene, polyethylene, and polystyrene. These waste plastics are derived from a variety of sources, including single-use plastics, textiles, and cuttings from discarded carpet. Eastman's recycling technologies - carbon renewal technology and polyester renewal technology - provide a true circular solution of infinite recycling for materials, allowing them to be reused repeatedly. Eastman began commercial operation of carbon renewal technology in October 2019 at
4900-414: A wide variety of voluntary pollution prevention programs and energy conservation efforts. The agency's budgeted employee level in 2023 is 16,204.1 full-time equivalent (FTE). More than half of EPA's employees are engineers, scientists, and environmental protection specialists; other employees include legal, public affairs, financial, and information technologists. Beginning in the late 1950s and through
5040-459: Is an independent agency of the United States government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it began operation on December 2, 1970, after Nixon signed an executive order . The order establishing the EPA was ratified by committee hearings in the House and Senate. The agency is led by its administrator , who
5180-562: Is appointed by the president and approved by the Senate . The current administrator is Michael S. Regan . The EPA is not a Cabinet department, but the administrator is normally given cabinet rank . The EPA has its headquarters in Washington, D.C. There are regional offices for each of the agency's ten regions, as well as 27 laboratories around the country. The agency conducts environmental assessment , research, and education. It has
5320-582: Is expected to be operational by 2025. An April 2017 article in The Daily Beast reported that Eastman Chemical's plant in Uruapan, Michoacán bought pine rosin (refined, solidified resin ) from a supplier that was known to be controlled by the Knights Templar criminal cartel , even after being notified of the supplier's criminal links. The supplier (Unored) was using the cartel to extort
5460-409: Is in Rochester. In 1888, the Kodak camera was patented by Eastman. It was a box camera with a fixed-focus lens on the front and no viewfinder ; two V shape silhouettes at the top aided in aiming in the direction of the subject. At the top it had a rotating key to advance the film, a pull-string to set the shutter , and a button on the side to release it, exposing the celluloid film. Inside, it had
5600-533: Is now owned by DAK Americas. Since 2000, Eastman, and its many subsidiaries have paid more than $ 82 million in EPA fines. In July 2012, Eastman completed its acquisition of Solutia Inc., a manufacturer of performance materials and specialty chemicals, for $ 4.8 billion. In December 2014, Eastman Chemical Company completed its acquisition of Taminco Corporation for $ 2.8 billion. On the morning of October 4, 2017, an explosion occurred at Eastman's Kingsport Plant around
5740-524: The Council on Environmental Quality and Atomic Energy Commission . Upon its creation, EPA inherited 84 sites spread across 26 states, of which 42 sites were laboratories. The EPA consolidated these laboratories into 22 sites. In its first year, the EPA had a budget of $ 1.4 billion and 5,800 employees. At its start, the EPA was primarily a technical assistance agency that set goals and standards. Soon, new acts and amendments passed by Congress gave
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5880-490: The Eastman Chemical Company . Henry Strong died in 1919, after which Eastman became the company president. Eastman began to wind down his involvement in the daily management of the company in the mid-1920s, and formally retired in 1925, although he remained on the board of directors. William Stuber succeeded him as president, and managed the company along with Frank Lovejoy. In 1912, Kodak established
6020-548: The Manhattan Project , from 1943 to May 1947. In 1960, there was an explosion at Eastman's Kingsport plant. It occurred in the Aniline production. Some 16 people were killed and many more were injured. In 1983, Eastman opened the first commercial coal gasification facility in the United States at its Kingsport plant site to produce chemicals from syngas rather than petroleum. The "Chemicals from Coal Facility" at
6160-677: The National Reconnaissance Office to produce cameras for surveillance satellites such as the KH-7 Gambit and KH-9 Hexagon . Between 1963 and 1970, Kodak engineers worked on the cancelled Manned Orbiting Laboratory program, designing optical sensors for a crewed reconnaissance satellite. The company later performed a study for NASA on the astronomical uses of the equipment developed for MOL. Kodak doubled its number of employees worldwide between 1936 and 1966. The majority remained employed in Rochester, where it
6300-551: The Trinity test site. After this discovery, Kodak officials became concerned that fallout would contaminate more of their film, and began monitoring atmospheric radiation levels with rainwater collection at Kodak Park. In 1951, the United States Atomic Energy Commission (AEC) began providing Kodak with a schedule of nuclear tests in exchange for its silence after the company threatened to sue
6440-594: The 1960s, Congress reacted to increasing public concern about the impact that human activity could have on the environment. Senator James E. Murray introduced a bill, the Resources and Conservation Act (RCA) of 1959, in the 86th Congress . The bill would have established a Council on Environmental Quality in the Executive Office of the President , declared a national environmental policy, and required
6580-699: The 1970s, Kodak published important research in dye lasers , and patented the Bayer Filter method of RGB arrangement on photosensors. During the Cold War , Kodak participated in a number of clandestine government projects. Beginning in 1955 they were contracted by the CIA to design cameras and develop film for the U-2 reconnaissance aircraft under the Bridgehead Program. Kodak was also contracted by
6720-506: The 2009 through 2016 model years. Following notice of violations and potential criminal sanctions, Volkswagen later agreed to a legal settlement and paid billions of US dollars in criminal penalties, and was required to initiate a vehicle buyback program and modify the engines of the vehicles to reduce illegal air emissions. In August 2015, the EPA finalized the Clean Power Plan to regulate emissions from power plants, projecting
6860-591: The American war effort at the direction of the War Production Board . The company produced film, cameras, microfilm , pontoons , synthetic fibers , RDX , variable-time fuses , and hand grenades for the government. Kodak's European subsidiaries continued to operate during the war. Kodak AG, the German subsidiary, was transferred to two trustees in 1941 to allow the company to continue operating in
7000-554: The Button, We Do the Rest ", soon entered the public lexicon, and was referenced by Chauncey Depew in a speech and Gilbert and Sullivan in their opera Utopia, Limited . In the 1890s and early 1900s, Kodak grew rapidly and outmaneuvered competitors through a combination of innovation, acquisitions, and exclusive contracts. Eastman recognized that film would return more profit than the cameras that used them, and focused on control of
7140-501: The Department of Health and Human Services to conduct its own review." On February 17, 2017, President Donald Trump appointed Scott Pruitt as EPA administrator. The Democratic Party saw the appointment as a controversial move, as Pruitt had spent most of his career challenging environmental regulations and policies. He did not have previous experience in the environmental protection field and had received financial support from
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#17327811763677280-527: The EPA to gather data on toxic chemicals and share this information with the public. EPA also researched the implications of stratospheric ozone depletion. Under Administrator Thomas, EPA joined with several international organizations to perform a risk assessment of stratospheric ozone, which helped provide motivation for the Montreal Protocol, which was agreed to in August 1987. In 1988, during his first presidential campaign, George H. W. Bush
7420-501: The EPA was working on its own standards, but the move has been widely considered an attempt to shield the auto industry from environmental regulation by setting lower standards at the federal level, which would then preempt state laws. California governor Arnold Schwarzenegger , along with governors from 13 other states, stated that the EPA's actions ignored federal law, and that existing California standards (adopted by many states in addition to California) were almost twice as effective as
7560-448: The EPA. The EPA's inspector general had determined that the EPA's regulation of mercury emissions did not follow the Clean Air Act, and that the regulations were influenced by top political appointees. The EPA had suppressed a study it commissioned by Harvard University which contradicted its position on mercury controls. The suit alleged that the EPA's rule exempting coal-fired power plants from "maximum available control technology"
7700-717: The Eastman Company and 10,000 shares of stock were issued for $ 100. On May 23, 1892, another round of capitalization occurred and it was renamed Eastman Kodak. An Eastman Kodak of New Jersey was established in 1901 and existed simultaneously with the Eastman Kodak of New York until 1936, when the New York corporation was dissolved and its assets were transferred to the New Jersey corporation. Kodak remains incorporated in New Jersey today, although its headquarters
7840-660: The Eastman Dry Plate Company was founded on January 1, 1881, with Strong as president and Eastman as treasurer. Initially, the company sold dry plates for cameras, but Eastman's interest turned to replacing glass plates altogether with a new roll film process. On October 1, 1884, the company was re-incorporated as the Eastman Dry Plate and Film Company. In 1885, Eastman patented the first practical film roll holder with William Walker, which would allow dry plate cameras to store multiple exposures in
7980-604: The Federal Water Quality Administration, which had previously been transferred from PHS to the Department of the Interior in 1966. A few functions from other agencies were also incorporated into EPA: the formerly independent Federal Radiation Council was merged into it; pesticides programs were transferred from the Department of the Interior, Food and Drug Administration , and Agricultural Research Service ; and some functions were transferred from
8120-496: The Kingsport plant was recognized in 1995 as a National Historic Chemical Landmark by the American Chemical Society . In 1994, Eastman was spun off from Eastman Kodak and became an independent corporation. In early 2005, Eastman broke ground on the first world-scale manufacturing facility using IntegRex, a technology that reduces the number of intermediate process steps in producing PET resin. This technology
8260-561: The Kodak Research Laboratories at Building 3 in Kodak Park, with Kenneth Mees as director. Research primarily focused on film emulsions for color photography and radiography . In 1915, Kodak began selling Kodachrome, a two-color film developed by John Capstaff at the research lab. Another two-color film duplitized film was marketed for photography of X-rays as it had a short exposure time and could reduce
8400-673: The SunSoft subsidiary of Sun Microsystems, on whose Solaris operating system Interactive had undertaken development work. SunSoft eventually acquired the systems products division of Interactive in early 1992, leaving the services and technologies division with Kodak, until its eventual sale to SHL Systemhouse in 1993. Kodak would continue its relationship with Sun as a notable customer, integrating various Sun technologies in its document management products. Kodak would later sue Sun for infringing three software patents acquired by Kodak in 1997 from Wang Laboratories . In 1993, Whitmore announced
8540-542: The US population. The law required EPA to enforce the standards with the cooperation of state agencies. In October 1976, Congress passed the Toxic Substances Control Act (TSCA) which, like FIFRA, related to the manufacture, labeling and usage of commercial products rather than pollution. This act gave the EPA the authority to gather information on chemicals and require producers to test them, gave it
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#17327811763678680-724: The ability to regulate chemical production and use (with specific mention of PCBs ), and required the agency to create the National Inventory listing of chemicals. Congress also enacted the Resource Conservation and Recovery Act (RCRA) in 1976, significantly amending the Solid Waste Disposal Act of 1965 . It tasked the EPA with setting national goals for waste disposal, conserving energy and natural resources, reducing waste, and ensuring environmentally sound management of waste. Accordingly,
8820-574: The acetyl, olefins, and alkylamine streams and proprietary manufacturing technology for specialty fluids to manufacture diversified products that are sold externally for use in markets such as industrial chemicals and processing; building and construction; health and wellness; energy, fuels, and water; consumables; agriculture, as well as used internally by other Eastman segments. In the Fibers segment, Eastman manufactures and sells Estron acetate tow and Estrobond triacetin plasticizers for use primarily in
8960-399: The agency developed regulations for solid and hazardous waste that were to be implemented in collaboration with states. President Jimmy Carter appointed Douglas M. Costle as EPA administrator in 1977. To manage the agency's expanding legal mandates and workload, by the end of 1979 the budget grew to $ 5.4 billion and the workforce size increased to 13,000. In 1980, following
9100-613: The agency in partnership with the states. Congress amended the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) in 1972, requiring EPA to measure every pesticide's risks against its potential benefits. In 1973 President Nixon appointed Russell E. Train , to be the next EPA Administrator. In 1974 Congress passed the Safe Drinking Water Act , requiring EPA to develop mandatory federal standards for all public water systems , which serve 90% of
9240-565: The agency its regulatory authority. A major expansion of the Clean Air Act was approved in December 1970. EPA staff recall that in the early days there was "an enormous sense of purpose and excitement" and the expectation that "there was this agency which was going to do something about a problem that clearly was on the minds of a lot of people in this country," leading to tens of thousands of resumes from those eager to participate in
9380-579: The agency's Scientific Integrity Official, Francesca Grifo , from testifying at a House committee hearing. EPA offered to send a different representative in place of Grifo and accused the committee of "dictating to the agency who they believe was qualified to speak." The hearing was to discuss the importance of allowing federal scientists and other employees to speak freely when and to whom they want to about their research without having to worry about any political consequences. In September 2019 air pollution standards in California were once again under attack, as
9520-535: The agency. Assistant Administrator Rita Lavelle was fired by Reagan in February 1983 because of her mismanagement of the Superfund program. Gorsuch had increasing confrontations with Congress over Superfund and other programs, including her refusal to submit subpoenaed documents. Gorsuch was cited for contempt of Congress and the White House directed EPA to submit the documents to Congress. Gorsuch and most of her senior staff resigned in March 1983. Reagan then appointed William Ruckelshaus as EPA Administrator for
9660-474: The basis for the company’s platforms. During World War II , RDX , a powerful explosive , was manufactured for the U.S. government at Holston Ordnance Works at Tennessee Eastman sites. At the peak of production near the end of the war, the ordnance plant was producing a million and a half pounds of explosives each day. Tennessee Eastman was responsible for managing the Y-12 National Security Complex at Oak Ridge, Tennessee which produced enriched uranium for
9800-419: The budget of the EPA by 22%, reduced the number of cases filed against polluters, relaxed Clean Air Act regulations, and facilitated the spraying of restricted-use pesticides. She cut the total number of agency employees, and hired staff from the industries they were supposed to be regulating. Environmentalists contended that her policies were designed to placate polluters, and accused her of trying to dismantle
9940-459: The censorship of environmental reports . President Obama appointed Gina McCarthy as EPA administrator in 2013. In 2014, the EPA published its "Tier 3" standards for cars, trucks and other motor vehicles, which tightened air pollution emission requirements and lowered the sulfur content in gasoline. In 2015, the EPA discovered extensive violations by Volkswagen Group in its manufacture of Volkswagen and Audi diesel engine cars, for
10080-496: The city of Rochester. During most of the 20th century, Kodak held a dominant position in photographic film, and produced a number of technological innovations through heavy investment in research and development at Kodak Research Laboratories. Kodak produced some of the most popular camera models of the 20th century, including the Brownie and Instamatic . The company's ubiquity was such that its " Kodak moment " tagline entered
10220-505: The coal gasification building. In April 2018, the Tennessee Department of Environment and Conservation determined the cause to be a valve blockage due to slurry or debris intrusion. In 2019, Eastman began commercial-scale chemical recycling for a broad set of waste plastics that would otherwise be placed in a landfill or incinerated. Eastman Advanced Circular Recycling technologies complement mechanical recycling by processing
10360-661: The coatings and tires industries in transportation, building and construction, durable goods, health and wellness, and consumables markets. The development of cyanoacrylates ("super-glues", or instant adhesives) is attributed to Harry Coover, an employee of Eastman. The adhesives were patented in 1956. In this segment, Eastman produces and markets specialty copolyesters , cellulose esters , interlayers, and aftermarket window film products for use in transportation, consumables, building and construction, durable goods, health and wellness, and electronics. The Chemical Intermediates segment leverages large scale and vertical integration from
10500-403: The combination of pesticide programs from the United States Department of Agriculture and the United States Department of the Interior . After conducting hearings during that summer, the House and Senate approved the proposal. The EPA was created 90 days before it had to operate, and officially opened its doors on December 2, 1970. The agency's first administrator, William Ruckelshaus , took
10640-421: The common lexicon to describe a personal event that deserved to be recorded for posterity. Kodak began to struggle financially in the late 1990s as a result of increasing competition from Fujifilm . The company also struggled with the transition from film to digital photography , although Kodak had developed the first self-contained digital camera . Attempts to diversify its chemical operations failed, and as
10780-402: The company began cutting benefits and making large layoffs to save money. Despite the competition, Kodak's revenues and profits continued to increase during the 1990s, due to the strategy changes and an overall expansion of the global market. Under CEO George M. C. Fisher , Kodak's annual revenue peaked at $ 16 billion in 1996 and profits peaked at $ 2.5 billion in 1999. In May 1995, Kodak filed
10920-443: The company could enter bankruptcy followed by an auction of its patents, as it was reported to be in talks with Citigroup to provide debtor-in-possession financing . This was confirmed on January 19, 2012, when the company filed for Chapter 11 bankruptcy protection and obtained a $ 950 million, 18-month credit facility from Citigroup to enable it to continue operations. Under the terms of its bankruptcy protection, Kodak had
11060-475: The company negotiated a $ 300 million loan from KKR . A number of divisions were sold off to repay debts from previous investments, most notably the Kodak Health Group, one of the company's profitable units. Kodak used the $ 2.35 billion from the sale to fully repay its approximately $ 1.15 billion of secured term debt. Around 8,100 employees from the Kodak Health Group transferred to Onex, which
11200-409: The company to fall behind rivals Polaroid and Xerox in the development of instant cameras and photocopiers . Kodak would begin selling its own versions of each in the mid-1970s, but neither became popular. Both product lines would be abandoned in the 1990s. Japanese competitor Fujifilm entered the U.S. market with lower-priced film and supplies in the 1980s. Fuji defeated Kodak in a bid to become
11340-416: The company would restructure, and he was succeeded by George M. C. Fisher, a former Motorola CEO, later that year. Under Fisher, the company abandoned diversification in chemicals and focused on an incremental shift to digital technology. Tennessee Eastman was spun off as Eastman Chemical on January 1, 1994, and Sterling Drug's remaining operations were sold in August 1994. Eastman Chemical later became
11480-419: The company's largest manufacturing facility in Kingsport, Tennessee. In 2020, Eastman will use carbon renewal technology to recycle millions of pounds of polyester carpet that would otherwise have been placed in a landfill. In January 2021, Eastman announced plans to build a methanolysis plant that will convert polyester waste into durable products. The company expects to spend approximately $ 250 million to build
11620-507: The concept of an industrial community that Eastman sought to create. These practices were not seriously challenged until after World War II . As a consequence of this shared background and the robust company benefits, Kodak employees formed a close community that viewed unions as outsiders, and no attempt to organize workers at Kodak succeeded during the 20th century. Kodak was hard-hit by the Great Depression , although Rochester
11760-506: The digital camera market with its EasyShare family of digital cameras. By 2005, Kodak ranked No. 1 in the U.S. in digital camera sales, which surged 40% to $ 5.7 billion. The company also began selling digital medical image systems after acquiring the Israel-based companies Algotec Systems and OREX Computed Radiography. Despite the initial high growth in sales, digital cameras had low profit margins due to strong competition, and
11900-498: The discovery of many abandoned or mismanaged hazardous waste sites such as Love Canal , Congress passed the Comprehensive Environmental Response, Compensation, and Liability Act , nicknamed "Superfund." The new law authorized EPA to cast a wider net for parties responsible for sites contaminated by previous hazardous waste disposal and established a funding mechanism for assessment and cleanup. In
12040-403: The dosage of radiation needed to take a photo. Kodak became closely tied to Rochester, where most of its employees resided, and was at the vanguard of welfare capitalism during the 1910s and 1920s. Eastman implemented a number of worker benefit programs, including a welfare fund to provide workmen's compensation in 1910 and a profit-sharing program for all employees in 1912. In 1919, he sold
12180-514: The emerging motion picture industry . When Thomas Edison and other film producers formed the Motion Picture Patents Company in 1908, Eastman negotiated for Kodak to be sole supplier of film to the industry. In 1914, Kodak built its current headquarters on State Street. By 1922, the company was the second-largest purchaser of silver in the United States, behind the U.S. Treasury . Beginning on July 18, 1930, Kodak
12320-420: The environment. The "detailed statement" would ultimately be referred to as an environmental impact statement (EIS). On July 9, 1970, Nixon proposed an executive reorganization that consolidated many environmental responsibilities of the federal government under one agency, a new Environmental Protection Agency. This proposal included merging pollution control programs from a number of departments, such as
12460-546: The event of war between Germany and the United States. The company produced film, fuses, triggers , detonators , and other material. Slave labor was employed at Kodak AG's Stuttgart and Berlin-Kopenick plants. During the German occupation of France, Kodak-Pathé facilities in Severan and Vincennes were also used to support the German war effort. Kodak continued to import goods to the United States purchased from Nazi Germany through neutral nations such as Switzerland. This practice
12600-565: The facility. When completed by the end of 2022, the methanolysis plant will use over 100,000 metric tons of plastic waste that cannot be recycled by current mechanical methods to produce premium, high-quality specialty plastics made with recycled content. In January 2022, Eastman announced it would invest up to $ 1 billion in a material-to-material molecular recycling facility in France that would use Eastman's polyester renewal technology to recycle up to 160,000 tons annually of plastic waste. The plant
12740-423: The federal government for damage caused to film products. Kodak was later contracted to create emulsions for radiation tests of fallout from nuclear tests. Kodak reached its zenith in the post-war era , as the usage of film for amateur, commercial, and government purposes all increased. In 1948, Tennessee Eastman created a working acetate film , which quickly replaced nitrate film in the movie industry because it
12880-556: The film camera market altogether, and began to end the production of film products. In total, 13 film plants and 130 photo finishing facilities were closed, and 50,000 employees laid off between 2004 and 2007. In 2009, Kodak announced that it would cease selling Kodachrome color film, ending 74 years of production, after a dramatic decline in sales. Pérez invested heavily in digital technologies and new services that capitalized on its technology innovation to boost profit margins. He also spent hundreds of millions of dollars to build up
13020-655: The film market. This razor and blades model of sales would change little for several decades. Larger facilities were soon needed in Rochester, and the construction of Kodak Park began in 1890. Kodak purchased and opened several shops and factories in Europe , particularly in the United Kingdom . The British holdings were initially organized under the Eastman Photographic Materials Company. Beginning in 1898, they were placed under
13160-548: The fossil fuel industry. In 2017, the Presidency of Donald Trump proposed a 31% cut to the EPA's budget to $ 5.7 billion from $ 8.1 billion and to eliminate a quarter of the agency jobs. However, this cut was not approved by Congress. Pruitt resigned from the position on July 5, 2018, citing "unrelenting attacks" due to ongoing ethics controversies. President Trump appointed Andrew R. Wheeler as EPA Administrator in 2019. On July 17, 2019, EPA management prohibited
13300-514: The holding company Kodak Limited. An Australian subsidiary, Australia Kodak Limited, was established in 1908. In 1931, Kodak-Pathé was established in France and Kodak AG was formed in Germany following the acquisition of Nagel . The Brownie camera, marketed to children, was first released in 1900, and further expanded the amateur photography market. One of the largest markets for film became
13440-453: The labor market. Eastman believed that offering these benefits served the interests of the company. He feared labor unions and believed that offering better compensation than that received by union workers would deter union organizing and avoid the potential costs of a company strike . Selling his stock to employees would simultaneously make it more appealing to investors, who were wary to purchase shares because of his large stake, and lower
13580-507: The last of which is distributed through the spinoff company Kodak Alaris . The company has licensed the Kodak brand to several products produced by other companies, such as the PIXPRO line of digital cameras manufactured by JK Imaging. In response to the COVID-19 pandemic in 2020, Kodak announced in late July that year it would begin production of pharmaceutical materials. The letter k
13720-432: The manufacture of cigarette filters; Estron natural and Chromspun solution-dyed acetate yarns for use in apparel, home furnishings and industrial fabrics; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers. An effect of World War I was a scarcity in raw materials such as photographic paper, optical glass, gelatin and many chemicals, including methanol, acetic acid and acetone . After
13860-409: The market rapidly matured. Its digital cameras soon were undercut by Asian competitors that could produce and sell cheaper products. Many digital cameras were sold at a loss as a result. The film business, where Kodak enjoyed high profit margins, also continued to fall. The combination of these two factors caused a decline in profits. By 2007, Kodak had dropped to No. 4 in U.S. digital camera sales with
14000-511: The mighty effort to clean up America's environment. When EPA first began operation, members of the private sector felt strongly that the environmental protection movement was a passing fad. Ruckelshaus stated that he felt pressure to show a public which was deeply skeptical about government's effectiveness, that EPA could respond effectively to widespread concerns about pollution. The burning Cuyahoga River in Cleveland, Ohio, in 1969 led to
14140-521: The motion picture industry after signing new agreements with major studios in 2015 and 2020. In 2022, Kodak announced it would hire new film technicians after film photography experienced a revival among hobbyists. Kodak is currently arranged in four business reporting segments: Traditional Print, Digital Print, Advanced Material & Chemicals (including Motion Picture) and Brand (Brand licensing of consumer products produced by third parties). EPA The Environmental Protection Agency ( EPA )
14280-409: The name "was simply invented – made up from letters of the alphabet to meet our trade-mark requirements. It was short and euphonious and likely to stick in the public mind." The Kodak name was trademarked by Eastman in 1888. There was also a rumor that the name Kodak came from the sound made by the Kodak camera's shutter. Eastman entered a partnership with Henry Strong in 1880 and
14420-504: The nearly 1,600 EPA staff scientists who responded online to a detailed questionnaire reported they had experienced incidents of political interference in their work. The survey included chemists, toxicologists, engineers, geologists and experts in other fields of science. About 40% of the scientists reported that the interference had been more prevalent in the last five years than in previous years. President Barack Obama appointed Lisa P. Jackson as EPA administrator in 2009. In 2010 it
14560-846: The number of waste sites that are remediated in a given year. (In 2021 Congress reauthorized an excise tax on chemical manufacturers. ) Major legislative updates during the Clinton Administration were the Food Quality Protection Act and the 1996 amendments to the Safe Drinking Water Act. President George W. Bush appointed Christine Todd Whitman as EPA administrator in 2001. Whitman was succeeded by Mike Leavitt in 2003 and Stephen L. Johnson in 2005. In March 2005 nine states (California, New York, New Jersey, New Hampshire, Massachusetts, Maine, Connecticut, New Mexico and Vermont) sued
14700-610: The oath of office on December 4, 1970. EPA's primary predecessor was the former Environmental Health Divisions of the U.S. Public Health Service (PHS), and its creation caused one of a series of reorganizations of PHS that occurred during 1966–1973. From PHS, EPA absorbed the entire National Air Pollution Control Administration, as well as the Environmental Control Administration's Bureau of Solid Waste Management, Bureau of Water Hygiene, and part of its Bureau of Radiological Health. It also absorbed
14840-507: The official film of the 1984 Los Angeles Olympics , which gave it a permanent foothold in the market. Fuji opened a film plant in the U.S. and its aggressive marketing and price cutting began taking market share from Kodak, rising from a 10% share in the early 1990s to 17% in 1997. Fuji also made headway into the professional market with specialty transparency films such as Velvia and Provia , which competed with Kodak's signature professional product, Kodachrome . Encouraged by shareholders,
14980-567: The passage of the Superfund law in 1980, an excise tax had been levied on the chemical and petroleum industries, to support the cleanup trust fund. Congressional authorization of the tax was due to expire in 1995. Although Browner and the Clinton Administration supported continuation of the tax, Congress declined to reauthorize it. Subsequently, the Superfund program was supported only by annual appropriations, greatly reducing
15120-417: The preparation of an annual environmental report. The conservation movement was weak at the time and the bill did not pass Congress. The 1962 publication of Silent Spring , a best-selling book by Rachel Carson , alerted the public about the detrimental effects on animals and humans of the indiscriminate use of pesticide chemicals. In the years following, Congress discussed possible solutions. In 1968,
15260-419: The presiding judge in a litigation brought about by people who claim to have developed glyphosate-related non-Hodgkin's lymphoma opened Monsanto emails and other documents related to the case, including email exchanges between the company and federal regulators. According to The New York Times , the "records suggested that Monsanto had ghostwritten research that was later attributed to academics and indicated that
15400-660: The price of the stock, which would keep anti-trust lawyers from investigating the company. Because Kodak was a capital-intensive industry with a low labor-cost ratio , employee benefits contributed less to the company's expenses than they would in other industries. Employment opportunities were not extended to all Rochesterians. The company almost exclusively hired workers of an Anglo-Saxon background under Eastman, and excluded Catholic immigrants, African-Americans , and Jews . Approximately one-third of employees were female. A system of family hiring, where children of employees would be hired to follow their parents, reinforced
15540-489: The production of several products, including digital cameras, pocket video cameras, digital picture frames, and inkjet printers. As part of a settlement with the UK-based Kodak Pension Plan, Kodak agreed to sell its photographic film , commercial scanners, and photo kiosk operations, which were reorganized as a spinoff company, Kodak Alaris . The Image Sensor Solutions (ISS) division of Kodak
15680-459: The program. Research projects led to a number of new Kodak products in the 1930s. At Kodak Research Laboratories, Leopold Godowsky Jr. and Leopold Mannes invented a three-color film which would be commercially viable. In 1935, the product was launched as Kodachrome . The company also produced industrial high-speed cameras and began to diversify its chemical operations by producing vitamin concentrates and plastics . In 1934, Kodak entered
15820-442: The proposed federal standards. It was reported that Johnson ignored his own staff in making this decision. In 2007 it was reported that EPA research was suppressed by career managers. Supervisors at EPA's National Center for Environmental Assessment required several paragraphs to be deleted from a peer-reviewed journal article about EPA's integrated risk information system , which led two co-authors to have their names removed from
15960-419: The public welfare—a decision that would trigger the first national mandatory global-warming regulations. Associate Deputy Administrator Jason Burnett e-mailed the draft to the White House. White House aides—who had long resisted mandatory regulations as a way to address climate change—knew the gist of what Johnson's finding would be, Burnett said. They also knew that once they opened the attachment, it would become
16100-414: The publication, and the corresponding author, Ching-Hung Hsu, to leave EPA "because of the draconian restrictions placed on publishing". The 2007 report stated that EPA subjected employees who author scientific papers to prior restraint , even if those papers are written on personal time. In December 2007 EPA administrator Johnson approved a draft of a document that declared that climate change imperiled
16240-458: The raw pine resin gatherers to accept sub-market prices, with a portion of the reduction passed on to Eastman in lower prices. As of December 2023, Eastman Chemical Company operates 36 manufacturing sites in 12 countries: Eastman has been a member of Responsible Care , a voluntary initiative developed autonomously by the chemical industry to improve health, safety, and environmental performance, for more than 25 years. In 2013, Eastman
16380-438: The responsibility of maintaining and enforcing national standards under a variety of environmental laws , in consultation with state, tribal, and local governments. EPA enforcement powers include fines, sanctions , and other measures. It delegates some permitting, monitoring, and enforcement responsibility to U.S. states and the federally recognized tribes . The agency also works with industries and all levels of government in
16520-465: The two companies began in 1997, eating into Kodak's profits. Kodak's financial results for 1997 showed that the company's revenues dropped from $ 15.97 billion in 1996 to $ 14.36 billion in 1997, a fall of more than 10%; its net earnings went from $ 1.29 billion to just $ 5 million for the same period. Kodak's market share declined from 80.1% to 74.7% in the United States, a one-year drop of five percentage points. Fuji and Kodak recognized
16660-408: The upcoming threat of digital photography, and although both sought to diversify as a mitigation strategy, Fuji was more successful at diversification. Fuji stopped production of motion picture film in 2013, leaving Kodak as the last major producer. Kodak employee Steven Sasson developed the first handheld digital camera in 1975. Larry Matteson, another employee, wrote a report in 1979 predicting
16800-464: The war ended, George Eastman , founder of Eastman Kodak , began working to develop an independent supply of chemicals for his photographic processes. His search for suitable quantities of methanol and acetone led him to the southern United States. In 1920, George Eastman founded Tennessee Eastman with two major platforms: organic chemicals and acetyls . Products such as calcium acetate , sodium acetate , acetic acid , and acetic anhydride became
16940-414: The war. In 1945, a batch of X-ray film that the company processed mysteriously became fogged. Julian Webb, who had worked at Oak Ridge, proposed that the film had been exposed to radiation released by nuclear weapons tests . The source of the radiation was eventually traced to strawboard packaging from Vincennes, Indiana, which had been irradiated by fallout that had traveled thousands of miles northeast from
17080-402: Was a favorite of George Eastman 's; he is quoted as saying, "it seems a strong, incisive sort of letter ." He and his mother, Maria, devised the name Kodak using an Anagrams set. Eastman said that there were three principal concepts he used in creating the name: it should be short, easy to pronounce, and not resemble any other name or be associated with anything else. According to a 1920 ad,
17220-619: Was based on ideas that had been discussed in the 1959 and subsequent hearings. The Richard Nixon administration made the environment a policy priority in 1969-1971 and created two new agencies, the Council on Environmental Quality (CEQ) and EPA. Nixon signed NEPA into law on January 1, 1970. The law established the CEQ in the Executive Office of the President. NEPA required that a detailed statement of environmental impacts be prepared for all major federal actions significantly affecting
17360-404: Was created by Marion Folsom, who gained national recognition for his work and would later serve as a company director and cabinet secretary for Dwight D. Eisenhower . Payments were made between 1933 and 1936, when layoffs ended at Kodak. The program led to many statistical improvements at Kodak, but overall had an insignificant effect on the Rochester community, as few companies were willing to join
17500-424: Was criticized by many American diplomats, but defended by others as more beneficial to the American war effort than detrimental. Kodak received no penalties during or after the war for collaboration. After a 1943 meeting between Kenneth Mees and Leslie Groves , a team of Kodak scientists joined the Manhattan Project and enriched Uranium-235 at Oak Ridge . Kodak's experiments with radiation would continue after
17640-525: Was developed by RYDE Holding, Inc., and the Kodak Kashminer , a Bitcoin -mining computer which was developed by Spotlite. In 2016, the Kodak spinoff company eApeiron was founded with assets acquired from Kodak and an investment by Alibaba . The company's mission is to eliminate “knock offs” and promote authenticity. Despite the pivot to digital technology, film remains a major component of Kodak's business. The company continues to supply film to
17780-500: Was illegal, and additionally charged that the EPA's system of cap-and-trade to lower average mercury levels would allow power plants to forego reducing mercury emissions, which they objected would lead to dangerous local hotspots of mercury contamination even if average levels declined. Several states also began to enact their own mercury emission regulations. Illinois's proposed rule would have reduced mercury emissions from power plants by an average of 90% by 2009. In 2008—by which point
17920-602: Was included in the Dow Jones Industrial Average . During World War I , Kodak established a photographic school in Rochester to train pilots for aerial reconnaissance . The war strained supply chains, and Eastman sought out new chemical sources the company could have direct control over. At the war's end in 1920, Kodak purchased a hardwood distillation plant in Tennessee from the federal government and established Eastman Tennessee, which later became
18060-407: Was little long-term planning or assistance from outside experts, and most of them resulted in large losses. Another effort to diversify failed when Kodak purchased Sterling Drug in 1988 at a cost of $ 5.1 billion. The drug company was overvalued and soon lost money. Research and development at Kodak Research Laboratories was directed into digital technology during the 1980s, laying the groundwork for
18200-492: Was named Responsible Care Company of the Year in the large company category by the American Chemistry Council (ACC). Eastman was awarded the 2009 Presidential Green Chemistry Challenge Award presented by the U.S. Environmental Protection Agency (EPA). The award recognizes technologies that incorporate the principles of green chemistry into chemical design, manufacture, and use. In 2013, the EPA designated
18340-506: Was non-flammable. In 1958, Kodak began marketing a line of super glue, Eastman 910 . Its cameras were used by NASA for space exploration. In 1963, the first Instamatic cameras were sold, which were the company's lowest-cost cameras to date. Annual sales passed $ 1 billion in 1962 and $ 2 billion in 1966. Albert K. Chapman succeeded Thomas Hargrave as president in 1952, and was succeeded by William S. Vaughn in 1960. Louis K. Eilers would serve as president and CEO between 1969 and 1972. In
18480-454: Was rapidly using up its cash reserves, stoking fears of bankruptcy; it had $ 957 million in cash in June 2011, down from $ 1.6 billion in January 2001. Later that year, Kodak reportedly explored selling off or licensing its vast portfolio of patents to stave off bankruptcy. In December 2011, two board members who had been appointed by KKR resigned. By January 2012, analysts suggested that
18620-605: Was reflected in the 1990 amendments to the Clean Air Act and in new approaches by the agency, such as a greater emphasis on watershed -based approaches in Clean Water Act programs. In 1992 EPA and the Department of Energy launched the Energy Star program, a voluntary program that fosters energy efficiency. Carol Browner was appointed EPA administrator by President Bill Clinton and served from 1993 to 2001. Major projects during Browner's term included: Since
18760-469: Was renamed Carestream Health . In 2010, Kodak was removed from the S&P 500 . In the face of growing debts and falling revenues, Kodak also turned to patent litigation to generate revenue. In 2010, it received $ 838 million from patent licensing that included a settlement with LG . Between 2010 and 2012, Kodak and Apple sued each other in multiple patent infringement lawsuits. By 2011, Kodak
18900-493: Was reported that a $ 3 million mapping study on sea level rise was suppressed by EPA management during both the Bush and Obama administrations, and managers changed a key interagency report to reflect the removal of the maps. Between 2011 and 2012, some EPA employees reported difficulty in conducting and reporting the results of studies on hydraulic fracturing due to industry and governmental pressure, and were concerned about
19040-429: Was sold to Truesense Imaging Inc. On September 3, 2013, Kodak announced that it emerged from bankruptcy as a technology company focused on imaging for business. Its main business segments would be Digital Printing & Enterprise and Graphics, Entertainment & Commercial Films. Kodak's decline and bankruptcy were damaging to the Rochester area. Its jobs were largely replaced with lower-paying ones, contributing to
19180-505: Was spared from its worst effects as banks were able to remain solvent. Seventeen percent of the company's employees were laid off between 1929 and 1933. Company founder George Eastman committed suicide at his home on March 14, 1932, due to his declining health. From 1931 to 1936, Kodak participated in the Rochester Plan, a privately funded unemployment insurance program to assist the jobless and boost consumer spending. The program
19320-536: Was supposed to be released the day before a controversial energy bill was passed and would have provided backup for those opposed to it, but the EPA delayed its release at the last minute. EPA initiated its voluntary WaterSense program in 2006 to encourage water efficiency through the use of a special label on consumer products. In 2007 the state of California sued the EPA for its refusal to allow California and 16 other states to raise fuel economy standards for new cars. EPA Administrator Stephen Johnson claimed that
19460-458: Was the employer of choice for most. The company continued offering higher wages and more benefits than labor market competitors, including the annual wage dividend, a bonus for all employees which typically amounted to 15% of base salary. Employee loyalty was strong, and the company experienced a turnover rate of only 13% in the 1950s, compared to 50% for American manufacturers as a whole. Journalist Curt Gerling noted that Kodak employees behaved like
19600-544: Was vocal about environmental issues. Following his election victory, he appointed William K. Reilly , an environmentalist, as EPA Administrator in 1989. Under Reilly's leadership, the EPA implemented voluntary programs and initiated the development of a "cluster rule" for multimedia regulation of the pulp and paper industry. At the time, there was increasing awareness that some environmental issues were regional or localized in nature, and were more appropriately addressed with sub-national approaches and solutions. This understanding
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