The ratings incorporate Eastman Chemical Co.'s above-average business profile, reflecting solid market and cost positions in most of its chemicals, plastics, and fibers businesses, as well as expectations for prudent financial management policies. The firm's business profile reflects an increased weighting toward higher value-added and differentiated product categories and leading positions in PET and acetate fibers businesses. Eastman has enhanced its positions in specialty product categories through a series of transactions; this bolstered Eastman's position in chemicals for the higher-growth coatings, adhesives, and inks markets. Eastman is also a leader in the production of intermediate and performance chemicals for a wide range of industrial applications. Products range from basic acetyls and oxo chemicals with GDP level growth prospects, to numerous