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Market outlook: Eastman mulls integration options with Taminco deal
2014-10-04 14:33:42| Chemicals - Topix.net
CEO Mark Costa sees major opportunities to further vertically integrate and improve raw material cost positions while adding growth components in the Taminco deal US-based Eastman Chemical plans to take advantage of raw material positions and combined purchasing power with its planned $2.8bn acquisition of global amines producer Taminco. The deal will also advance Eastman's strategy of building a world-class specialty chemicals portfolio in attractive growth markets that is vertically integrated with key cost-advantaged intermediates.
Tags: options
market
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integration
Category:Chemicals