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NEW YORK ( TheStreet) -- Eastman Chemical Company (NYSE: EMN) hit a new 52-week high Wednesday as it is currently trading at $75.19, above its previous 52-week high of $75.18 with 1.1 million shares traded as of 2:25 p.m. ET. Average volume has been 1.6 million shares over the past 30 days. Eastman Chemical has a market cap of $11.49 billion and is part of the basic materials sector and chemicals industry. Shares are up 8.1% year to date as of the close of trading on Tuesday. Eastman Chemical Company, a specialty chemical company, engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally.