Eastman Completes Startup of Plasticizer Manufacturing Facility at Texas City Site
(Thomson Reuters ONE) -
KINGSPORT, Tenn., April 30, 2012 - Eastman Chemical Company (NYSE:EMN) today
announced it has completed the retrofit and startup of its non-phthalate
plasticizer manufacturing facility in Texas City, Texas. Eastman purchased the
former Sterling Chemicals, Inc. plant in mid-2011.
The facility, which will primarily produce Eastman 168(TM) non-phthalate
plasticizer, will increase the overall capacity of Eastman 168 by approximately
60 percent. Further capacity increases are possible with minimal investment at
the Texas City site as demand for non-phthalate plasticizers continues to grow.
"We are committed to continual growth in our business and are happy to announce
the startup of the non-phthalate plasticizer facility in Texas City," said Heidi
Barnes, Performance Chemicals and Intermediates segment Oxo and Plasticizers
business director. "This additional capacity will allow us to serve the growing
demand for non-phthalate plasticizers such as Eastman 168(TM) around the globe."
Non-phthalate plasticizers are broadly used in products such toys, childcare
items, food contact materials and medical devices, and is also used to provide
flexibility to PVC in a wide variety of applications. End markets for non-
phthalate plasticizers include building and construction, health and wellness,
and infant care.
Eastman's chemicals, fibers and plastics are used as key ingredients in products
that people use every day. Approximately 10,000 Eastman employees around the
world blend technical expertise and innovation to deliver practical solutions.
The company is committed to finding sustainable business opportunities within
the diverse markets and geographies it serves. A global company headquartered in
Kingsport, Tennessee, USA, Eastman had 2011 sales of $7.2 billion. For more
information, visit www.eastman.com.
# # #
Contacts:
Media: Kristin Sturgill
423-229-2526 / ksturgill(at)eastman.com
Investors: Gregory Riddle
212-835-1620 / griddle(at)eastman.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Eastman Chemical Company via Thomson Reuters ONE
[HUG#1607358]
Unternehmensinformation / Kurzprofil:
Datum: 30.04.2012 - 14:51 Uhr
Sprache: Deutsch
News-ID 140601
Anzahl Zeichen: 2842
contact information:
Town:
Kingsport
Kategorie:
Business News
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