01 November 2010 18:52 [Source: ICIS news]
HOUSTON (ICIS)--Eastman Chemical will boost its production of cellulose triacetate (CTA) at its Kingsport site in Tennessee by nearly 70% in 2012, the US specialty chemicals producer said on Monday.
The new capacity should come on line in the first quarter of 2012, the company said. CTA is widely used in the liquid crystal display (LCD) industry to make polariser films for computers, televisions, monitors and handheld devices, Eastman noted.
Eastman said it believed the demand for cellulosic materials would continue to grow, with strong demand for cellulose esters in LCDs more than offsetting the decline in legacy photographic markets.
“It not only substantially enhances our ability to meet customers’ growing needs for CTA, but more importantly, the new asset was designed to meet the stringent quality and consistency requirements of the LCD industry,” said Mark Costa, chief marketing officer and executive vice president for Eastman’s specialty polymers, coatings and adhesives segments.
In related company news, Eastman said on an earnings conference call this past week that it would also expand its Tritan copolymer production capacity by the end of 2011 to meet growing demand in that sector.
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