Eastman Announces Plans for Expansions in U.S., Asia
KINGSPORT, TN — Eastman Chemical Co. announced an agreement with Sinopec Qilu Petrochemical Corp. of China to build “world-scale” derivative plants for the production of Texanol ester alcohol and TXIB plasticizer in Zibo, China. Texanol ester alcohol is a commonly used coalescing aid for architectural paints, and TXIB plasticizer is a polymer modifier.
In other announcements, Eastman said it is planning a major expansion in manufacturing capacity for 2-ethylhexanoic (2-EH) acid, and also announced that its Lawter International subsidiary and a Chinese chemical company have launched a joint-venture business to produce and market chemical intermediates and derivatives.