Eastman acquires Taminco

Eastman acquires Taminco

Acquisition strengthens Eastman's presence in niche markets such as food, feed and ag.

EASTMAN Chemical Co. announced Dec. 5 the completion of its acquisition of Taminco Corp., a global specialty chemical company, for a total of $2.8 billion in cash and assumed debt.

"We are pleased to complete this transaction and welcome Taminco employees to the global Eastman team," said Mark Costa, Eastman chairman and chief executive officer. "Taminco's world-class alkylamine technology platform and strong presence in attractive niche end market

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