echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > Eastman sells its adhesive resin business to Xitema for US$1 billion  

    Eastman sells its adhesive resin business to Xitema for US$1 billion  

    • Last Update: 2021-11-13
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Sinochem Xinnet News Eastman Chemical Company announced on October 28 that the company and its subsidiaries have reached a final agreement with Synthomer to sell its adhesive resin assets and business for a total cash price of US$1 billion


    The transaction includes hydrocarbon resins (including Eastman Impera tire resins), pure monomer resins, polyolefin polymers, rosin resins and dispersions, as well as oleochemical and fatty acid-based resin product lines


    The transaction is expected to be completed in the first quarter of 2022




    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.