..snipped... The thing that surprises me, a bit, about Kodak's fall from grace is that being a film titan, at their prime, involved substantial chemical manufacturing capacity and expertise. Was that non-transferrable to some other area of chemical production, or did they somehow get rid of their boring-but-solvent departments in some strange reorganization scheme? Same question would go for any departments involved in optics, industrial imaging, etc.
Yes, they sold off most of their sustainable viable technologies. See Eastman Chemicals for example.