Eastman adding more plasticizer feedstock capacity

By Frank Esposito
Senior Staff Reporter

Published: March 21, 2014 11:38 am ET
Updated: March 21, 2014 12:47 pm ET

Related to this story

Topics Materials Suppliers
Companies & Associations Eastman Chemical Co.

Eastman Chemical Co. will add more than 40 million pounds of plasticizer feedstock capacity at its plant in Longview, Texas, by the end of the year.

The expansion will add about 44 million pounds of annual capacity for 2-EH, an oxo-derivative that’s used as a feedstock in Eastman’s non-phthalate plasticizers, as well as in additives for fuels and lube oils. End markets for 2-EH include building and construction, transportation and medical.

The expansion also will include about 55 million pounds of annual capacity for butyraldehyde, a material related to 2-EH. Kingsport, Tenn.-based Eastman most recently added about 70 million pounds of 2-EH capacity in early 2012.

Eastman employs about 14,000 worldwide and posted sales of $9.4 billion in 2013. The firm’s plastic products include Tritan-brand copolyester.


Comments

Eastman adding more plasticizer feedstock capacity

By Frank Esposito
Senior Staff Reporter

Published: March 21, 2014 11:38 am ET
Updated: March 21, 2014 12:47 pm ET

Post Your Comments


Back to story


More stories

Image

Carbon black supplier Orion begins trading on NYSE

July 29, 2014 11:29 am ET

Orion Engineered Carbons S.a.r.l. has priced the initial public offering of 19.5 million common shares at a price to the public of $18 per share.    More

Image

Dow sees solid second quarter performance

July 29, 2014 11:19 am ET

Dow Chemical Co. has reported its second quarter figures, with its seventh consecutive quarter of growth, according to the company.More

Image

Evonik sells polyimide foams operation to Boyd

July 29, 2014 10:46 am ET

Modesto, Calif.-based Boyd Corp., a manufacturers of specialty material and sealing agents, has purchased Evonik Industries’...    More

Image

Formosa to be compensated for Vietnam riot

July 28, 2014 1:44 pm ET

Taiwan's Formosa Plastics Group will receive $2.39 million from the Vietnamese government and insurance companies for damages suffered during the...    More

Image

Ukraine's Group DF may be forced to sell Crimea-based additives plant

July 28, 2014 10:12 am ET

Group DF, the industrial business of Ukrainian tycoon Dmitry Firtash, may be forced to sell off Eastern Europe's biggest producer of titanium oxide, C...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events