Eastman Chemical to increase production of 168 non-phthalate plasticizer by 6,000 tons/year before year ends

KINGSPORT, Tennessee , October 5, 2011 (press release) – Eastman Chemical Company (NYSE: EMN) today announced that it is increasing its manufacturing capacity of Eastman 168™ non-phthalate plasticizer at its Kingsport, Tennessee site by approximately 6,000 tons annually.

The expansion work begins less than one month after the company purchased a manufacturing facility for the production of Eastman 168™ in Texas City, Texas, and less than one year after completing a debottlenecking process in Kingsport in February. The additional manufacturing capacity from this expansion is scheduled to be on line before the end of 2011.

“Eastman is committed to continual growth and reinvestment in our business,” said Heidi Barnes, Oxo and Plasticizers business director. “We believe that Eastman 168™ is the best general-purpose non-phthalate plasticizer available on the market today and the steady growth in demand that we are experiencing is validating that belief. We are investing significant capital to ensure that we can supply product to our customers now and in the future.”

Around the world, market and regulatory pressures are driving manufacturers of toys, childcare articles, medical devices and other PVC plastic products to switch to non-phthalate plasticizers. Eastman 168™ has proven to be a ready replacement for customers who are looking for a track record of regulatory approval and high performance. Eastman 168™ has been thoroughly tested with a clean toxicological profile and broad regulatory acceptance.

Eastman’s chemicals, fibers and plastics are used as key ingredients in products that people use every day. Approximately 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. The company is committed to finding sustainable business opportunities within the diverse markets and geographies it serves. A global company headquartered in Kingsport, Tenn., USA, Eastman had 2010 sales of $5.8 billion. For more information, visit www.eastman.com.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.