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Eastman to Pursue Two U.S. Gasification Projects

1:33 PM MDT | August 20, 2007 | Robert Westervelt

Eastman Chemical says it will participate in two industrial gasification facilities that will be built on the U.S. Gulf Coast. The projects will use low-cost petroleum coke or coal to produce syngas that can be converted into products including ammonia, hydrogen, and methanol. Ferguson: Low-cost source of raw materials. Eastman will develop and operate a $1.6-billion gasification project in Beaumont, TX that is expected online in 2011. The company will have a 50% stake in the Beaumont project and plans to announce a financial equity investor for the project...

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