Eastman Completes McWhorter Acquisition
Eastman Chemical said it has completed the $355-million acquisition of McWhorter Technologies.
KINGSPORT, TN — Eastman Chemical Co. said it has completed the $355-million acquisition of McWhorter Technologies Inc., which will make McWhorter a wholly owned subsidiary of Eastman. Earnest W. Deavenport Jr., Eastman chairman and CEO, said the acquisition “significantly strengthens our coatings, adhesives and specialty polymers product lines.”
KINGSPORT, TN — Eastman Chemical Co. said it has completed the $355-million acquisition of McWhorter Technologies Inc., which will make McWhorter a wholly owned subsidiary of Eastman. Earnest W. Deavenport Jr., Eastman chairman and CEO, said the acquisition “significantly strengthens our coatings, adhesives and specialty polymers product lines.”
McWhorter is a major manufacturer of specialty resins and colorants used in consumer and industrial coatings and plastics.
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