Eastman Exits Pharma PET Resin

Eastman Chemical says it will discontinue production of PET 5214A, a polyethylene terephthalate (PET) resin commonly sold to customers in the pharmaceutical industry, by year-end. Eastman says it is exiting the product as part of plans to rationalize capacity, restructure assets, and enable growth in the company’s specialty copolyester...

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