03 May 2010 16:04 [Source: ICIS news]
HOUSTON (ICIS news)--US specialty chemicals producer Eastman Chemical has completed the acquisition of Genovique Specialties, which produces specialty plasticisers, benzoic acid and sodium benzoate, the company said on Monday.
Financial terms were not disclosed.
The deal included Genovique's plants in Kohtla-Jarve, Estonia, and Chestertown, Maryland, Eastman said. The acquisition also included a joint venture in Wuhan, China.
Eastman produces raw materials used to make paints and coatings, inks, adhesives and other products. The company also makes acetic anhydride, plasticisers, glycols and polyethylene terephthalate (PET).
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|