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Announced

Eastman to Acquire INACSA.

Synopsis

Eastman Chemical Company has agreed to acquire Industrias del Acetato de Celulosa, a Spanish producer of cellulosic yarn. The INACSA yarn business and assets are expected to support continued growth of Naia™ cellulosic yarn for the apparel market and will become part of the global Fibers segment supply base. “With the acquisition of INACSA, Eastman gains a well-respected yarn producer and a European site that will enhance our ability to support the global textiles supply chain. We look forward to welcoming the INACSA employees to the Eastman team.” Brad Lich, Eastman executive vice president and chief commercial officer. “

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