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Eastman Chemical Company entered a definitive agreement to acquire Industrias del Acetato de Celulosa S.A. (INACSA), a Spanish producer of cellulosic yarn, including its plant in La Batllòria, Spain, to support growth of Naia cellulosic yarn for the apparel market.
“With the acquisition of INACSA, Eastman gains a well-respected yarn producer and a European site that will enhance our ability to support the global textiles supply chain.”prnewswire.com
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