06-24-2009: Eastman Chemical Company has won one of the U.S. government's top environmental awards for its breakthrough Eastman™ green biocatalytic process. The 2009 Presidential Green Chemistry Challenge Award, presented by the U.S. Environmental Protection Agency (EPA) on behalf of the White House, recognizes technologies that incorporate the principles of green chemistry into chemical design, manufacture and use.
The Eastman™ green biocatalytic process uses enzymes and closely controlled conditions to make esters, eliminating the high temperature and strong acids traditionally required in their manufacture. Esters are a vital building block in thousands of products. The cosmetic and personal care industry in North America annually consumes an estimated 50,000 metric tons of esters for a variety of uses including emollients, emulsifiers, and specialty performance ingredients.
According to the company, Eastman's "gentler" process consumes less energy while making high quality products, even when beginning with sensitive starting materials. Eastman's green biocatalytic process uses no solvents and virtually eliminates by-products, reducing the number of processing steps required for manufacture.
"Eastman's talented technology team has scored another sustainability bulls-eye," says Jim Rogers, chief executive officer, Eastman. "This latest recognition offers eloquent testimony to how our continued investments deliver real-world results - the creation and nurturing of sustainable technologies and products."
Eastman Chemical Company and Solutia Inc. announced that they have entered into a definitive agreement, under which Eastman will acquire Solutia. Under the terms of the agreement, Solutia stockholders will receive $22.00 in cash and 0.12 shares of Eastman common stock for each share of Solu ... more
Eastman Chemical Company is increasing prices on the following products Feb. 2, or as contracts allow.
Eastma™ Ethyl Acetate, Urethane Grade : Off-list price increase of $USD 0.02/lb ($USD 0.04/kg) globally. more
Eastman Chemical Company is increasing prices on the following products Feb. 1, or as contracts allow. These increases are due to elevated operating costs, particularly in raw materials.
Eastman™ Isophthalic Acid : Off-list price increase of $USD 0.03/lb ($USD 0.07/kg) in North America and ... more
Eastman manufactures the chemicals, fibers and plastics that give everyday products the strength, design and functional characteristics desired by consumers and commercial customers worldwide.
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