my.chemeurope.com
With an accout for my.chemeurope.com you can always see everything at a glance – and you can configure your own website and individual newsletter.
03-19-2010: Eastman Chemical Company announced that it has entered into a definitive agreement to acquire Genovique Specialties Corporation, a global producer of specialty plasticizers, benzoic acid, and sodium benzoate. Terms of the transaction were not disclosed.
The transaction is expected to be accretive to Eastman’s full-year 2010 earnings per share. Following the completion of the transaction, Genovique Specialties, including its manufacturing operations in Chestertown, Md., Kohtla-Järve, Estonia, and its joint venture in Wuhan, China, will become part of Eastman's Performance Chemicals and Intermediates (PCI) segment.
“Eastman continues to execute its strategy to grow the company through strategic uses of cash. This acquisition aligns with Eastman’s strategic goals of investing in differentiated, sustainably-advantaged products nd diversifying into emerging geographies,” said Jim Rogers, president and CEO. “We look forward to delivering on the benefits this transaction creates for our customers and stockholders alike.”
Contact / Request information
Request further information free of charge:
Watchlist
This is where you can add this news to your personal favourites
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 increases Esters prices on February 02
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 increases Isophthalic Acid prices on February 01
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. more
About CHEMIE.DE
CHEMIE.DE Information Service GmbH runs specialist scientific internet portals. The secret to our success? We are familiar with what we publish.
Advertising at CHEMIE.DE
Our advertising formats support you in getting your message across to a clearly defined target audience.
© 1997-2011 CHEMIE.DE Information Service GmbH, All rights reserved
