Eastman Chemical sells adhesives resins business to Synthomer for $1B

Eastman Chemical agreed to sell its adhesives resins business to Synthomer for $1 billion. The sale includes tire resins, polyolefin resins, rosins, and other chemicals used in tapes, labels, packaging, hygiene, construction, and tire markets.

“this sale is part of our effort to improve the performance of the Additives & Functional Products segment”thecolumn.co

• 2 sources
• thecolumn.coThe ColumnNov 1, 2021
• european-rubber-journal.comSynthomer to acquire Eastman’s adhesives business in $1bn deal | European Rubber JournalNov 4, 2021

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