US Eastman to sell two European plants - report

17 September 2007 21:32  [Source: ICIS news]

HOUSTON (ICIS news)--US Eastman Chemical said on Monday that it had no comment in regards to a report that Spanish chemical company La Seda de Barcelona made a €180m ($250m) offer to purchase two plants in Europe.

The plants in Rotterdam, the Netherlands and Workington, UK, make polyethylene terephthalate (PET) and purified terephthalate acid (PTA), according to unconfirmed reports from Thomson Financial News.

($1.00 = €0.72)

By: Al Greenwood
+1 713 525 2645

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly