Posts Tagged ‘ Eastman Chemical Co. ’

Eastman Discontinues Perennial Wood™ Business

Jan 31st, 2014

Eastman Chemical Co. has decided to discontinue the Perennial Wood™ product line and business operations. “A lot of talented Eastman employees and external partners worked very hard on this project, and this outcome is not a reflection of their dedication or hard work,” says Tim Dell, vice president of innovation, marketing, sales and pricing at Eastman. […]

Material Connexion Awards Honorable Mention to Perennial Wood

May 21st, 2012

Perennial Wood, a modified real wood product made by Eastman Chemical Co., was named honorable mention for the Medium Award for Material of the Year by Material ConneXion. According to the announcement, the award recognizes materials that demonstrate outstanding technological innovation and the potential to make a significant contribution to the advancement of design, industry, […]

Eastman Officials Expect Solutia Acquisition to Increase Growth Rate in Asia Pacific

Feb 2nd, 2012

Eastman Chemical Co. officials consider the recent acquisition of Solutia Inc. of St. Louis, an important step in Eastman’s strategy to extend its global presence in emerging markets, in particular in Asia Pacific, says Tracy Broadwater, corporate communications manager of Eastman. “By leveraging infrastructure in the region, Eastman expects to have a compound annual growth […]

Eastman to Acquire Solutia

Jan 27th, 2012

Officials at Eastman Chemical Co. of Kingsport, Tenn., and Solutia Inc. of St. Louis, have entered into a definitive agreement, under which Eastman will acquire Solutia. Under the terms of the agreement, Solutia stockholders will receive $22 in cash and 0.12 shares of Eastman common stock for each share of Solutia common stock. “Solutia board […]