# Eastman acquires Ai-Red Technology (Dalian) Co., Ltd.

Eastman Chemical Company acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region. Terms were not disclosed.

- Type: Acquisition
- Announced: 2023-02-01
- Where: Dalian, China, China
- Status: completed
- Products: paint protection film, window film
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Eastman Chemical](https://endata.com/companies/7789.md) (acquirer)
- [Ai-Red Technology (Dalian) Co., Ltd.](https://endata.com/companies/68245.md) (target)

## Sources

- [eastman.com](https://www.eastman.com/en/media-center/news-stories/2023/eastman-acquires-dalian-ai-red-technology), 2023-02-01: "This acquisition provides additional capacity to serve the growing demand for our paint protection and window film products and creates additional capacity for innovation and product scale-up from our existing operations."
- [echemi.com](https://www.echemi.com/cms/1584169.html), 2023-12-27: "Eastman Chemical Company announced that it had acquired the business and assets of Ai-RED Technology (Dalian) Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.