in this issue
Regions :: Western Europe
Indorama Acquires Rights to Eastman’s European Assets
12:51 PM MST | December 14, 2007 | RC
Indorama says it has obtained exclusive rights to acquire Eastman Chemical’s European polyethylene terephthalate (PET) assets. The acquisition would include Eastman’s assets at Rotterdam, Holland and Workington, U.K with a combined capacity of 340,000 tons/year of PTA and 350,000 tons/year of PET. The deal represents the last of Eastman’s PET assets outside the U.S., which account for about 1.9% of global supply, says Kevin McCarthy, analyst at Bank of America (New York). Eastman says it is selling its PET assets outside the U.S. in an...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee