ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Eastman won’t sell its Longview ethylene plant

by Alex Tullo
August 3, 2018 | APPEARED IN VOLUME 96, ISSUE 32

 

Eastman Chemical says it hasn’t had luck selling some Longview, Texas, ethylene capacity. The firm has had small ethylene units there on the selling block since 2016. “However, current marketing conditions, combined with the current geopolitical environment on trade, have made it very difficult to move forward at this time,” Eastman Chief Financial Officer Curt Espeland told analysts in a conference call. The company says it has reduced the crackers’ operating rates to limit exposure to declining ethylene prices.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment