Materials M&A » By The Online Investor Staff, updated Sat., Jul. 11, 4:38 AM
Recent mergers and acquisitions in the Materials M&A category.
Slide #18. Eastman Chemical Company — Aviation Turbine Oil Business from BP
| Acquirer: |
Eastman Chemical Company (EMN) |
| Acquiree: |
Aviation Turbine Oil Business from BP (BP) |
| Details: |
Eastman Chemical Company (NYSE:EMN) today announced that it has entered into a definitive agreement to acquire the assets of BP's global aviation turbine engine oil business, with annual revenues of approximately $100 million. The acquisition includes a production facility in Linden, NJ, specialized laboratory equipment located in Naperville, IL, and a long-term supply agreement for products related to the acquired business that BP will use to serve industrial markets. |
Eastman Chemical is a global advanced materials and specialty additives company. Co.'s segments are: Additives and Functional Products, which manufactures chemicals for products in the transportation, consumables, building and construction, and other markets; Advanced Materials, which produces and markets polymers, films, and plastics in transportation, consumables, building and construction, durable goods, and health and wellness markets; Chemical Intermediates, which utilizes integration from the cellulose and acetyl, olefins, and alkylamines streams; and Fibers, which manufactures and sells Estron™ acetate tow and Estrobond™ triacetin plasticizers for use in filtration media.
Eastman Chemical SEC Filing Email Alerts Service
Open the EMN Page at The Online Investor »
Eastman Chemical is a global advanced materials and specialty additives company. Co.'s segments are: Additives and Functional Products, which manufactures chemicals for products in the transportation, consumables, building and construction, and other markets; Advanced Materials, which produces and markets polymers, films, and plastics in transportation, consumables, building and construction, durable goods, and health and wellness markets; Chemical Intermediates, which utilizes integration from the cellulose and acetyl, olefins, and alkylamines streams; and Fibers, which manufactures and sells Estron™ acetate tow and Estrobond™ triacetin plasticizers for use in filtration media.
Eastman Chemical SEC Filing Email Alerts Service
Open the BP Page at The Online Investor »
| Company Name: |
| Eastman Chemical Co |
| Stock buyback: |
| EMN buyback |
| Website: |
| www.eastman.com |
| Sector: |
| Rubber & Plastics |
| Number of ETFs Holding EMN: |
| 98 |
| Total Market Value Held by ETFs: |
| $1.37B |
| Total Market Capitalization: |
| $9.48B |
| % of Market Cap. Held by ETFs: |
| 14.48% |
|
Quotes delayed 20 minutes
|
