One way to survive international competition is to ship heavy bulk stuff. I clicked around Eastman's site and reading between the lines their revenue is about $9B and figure a buck per pound accurate to one sig fig so they're shipping maybe ten billion pounds of product annually.

Now China's entire export economy to the entire world is only thirty-something million TEU annually. Figure 50K pounds cargo per TEU and compare, and if I did the math right in my head, one obscure lube oil and plastic resin company sells about 1% of China's total worldwide export capacity.

(All of the above is accurate to about one sig fig, and if China has finally topped 40 megaTEU thats all very nice but doesn't fundamentally change the conclusion anyway)

I mean, that's not realistic to ship across the planet, just too much of it, too heavy, global shipping isn't "big enough" to eat low value product.

Now something high value per pound like photographic film, Kodak would be out of business today in the USA anyway even if film were still in business. Ready to use photo film has a high enough dollar per pound density to be worth shipping across the world.

Taking this to the geographic extreme, some of the most competitively solid businesses are things where you just can't move the product very far. I'm thinking quarries* and trash.

*The exception being highly sought after material not available nearby.