VOL. 126 | NO. 248 | Wednesday, December 21, 2011
Tenn.-Based Eastman Chemical Touts China as Key Partner
KINGSPORT, Tenn. (AP) – Executives at Kingsport, Tenn.-based Eastman Chemical Co. say China is a key role in the company's growth.
Eastman on Monday broke ground on a facility to produce acetate tow in Heifei, China. The plant, a joint venture with China National Tobacco Corp., is projected to be operational in mid-2013. Acetate tow is a raw material used for cigarette filters and other purposes.
Eastman did not say in a news release how many people will be employed at the plant.
Eastman employs some 10,000 people around the world.
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