Eastman opens South Korea acetate tow joint venture plant

23 March 2010 15:56  [Source: ICIS news]

TORONTO (ICIS news)--Eastman Chemical has opened up its new 27,000 tonne/year joint venture acetate tow plant in Ulsan, South Korea, the US chemicals major said on Tuesday.

The plant, a joint venture with South Korea’s SK Chemicals, was aimed at Asia’s growing market for acetate tow, Eastman said. Construction started in late 2008.

With the new plant, Eastman’s overall acetate tow capacity now exceeded 200,000 tonnes/year, it said.

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By: Stefan Baumgarten
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