25 October 2013 17:12 [Source: ICIS news]
HOUSTON (ICIS)--Eastman Chemical expects to generate a consistent income stream from licensing with its newly-developed monoethylene glycol (MEG) technology, the CEO of the US-based chemicals major said on Friday.
Eastman announced earlier this week that it and ?xml:namespace>
“I think our licensing stream has improved greatly with this new MEG technology. I think you are going to see a more consistent year-in year-out income coming from licensing,” CEO Jim Rogers told analysts during Eastman’s third-quarter earnings call.
Demand for the MEG technology should be "fairly strong", he said.
In addition to MEG, Eastman also licenses acetyls technology.
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