Eastman has entered into an agreement with Citrine Informatics to utilize the Citrine Platform for Materials Informatics and artificial intelligence (AI)-guided product development.
Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. In 2021, the company successfully launched and implemented the Citrine Platform, resulting in the expansion of their collaboration with Citrine. The Citrine Platform helps the Eastman team become more agile in their approach to product development and connect upstream and downstream capabilities to gain better insights from raw material procurement to final products. For further information see the IDTechEx report on Materials Informatics 2022-2032.
"Eastman's innovation strategy is built on world-class technologies, differentiated application development and relentless market engagement," said Chris Killian, Eastman senior vice president and chief technology officer. "Our work with Citrine enables us to leverage their market-leading AI platform to accelerate sustainable product development, engage at a deeper level with our customers, and rapidly address market needs."
In conjunction with the Citrine partnership, Eastman established a digital Center of Excellence to scale data-driven product development across multiple application areas in the business.
"Eastman has over a century of experience developing innovative products, and it was clear from the beginning of our work together that Eastman views data-driven product development as a critical capability to maintain their position at the forefront of the materials industry," said Greg Mulholland, Citrine Informatics CEO. "We're proud to support Eastman's culture of innovation and desire to develop sustainable, high-performing products through this multi-year partnership."
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2021 revenue of approximately $10.5 billion and is headquartered in Kingsport, Tennessee, USA.
About Citrine Informatics
Citrine Informatics is the award-winning materials informatics platform for data-driven materials and chemicals development. It won the 2017 World Materials Forum Start- up Challenge, the 2018 AI Breakthrough award as the "Best AI-based Solution for Manufacturing," and 2020-2021 Cleantech 100 honors. The Citrine Platform combines smart materials data infrastructure and AI, which accelerates development of cutting-edge materials, facilitates product portfolio optimization, and codifies research IP, enabling its reuse and preventing its loss. Citrine's customers include Eastman, LyondellBasell, Ubiquitous Energy, LANXESS, and some of the biggest and most respected names in the materials and chemicals industry in Asia, North America, and Europe.
Source: Citrine Informatics
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