Eastman Chemical Company, a global company headquartered in Kingsport, TN, has acquired Genovique Specialties Corp. (formerly Velsicol) in Worton. The acquisition also includes Genovique’s Kohtia-Jarve, Estonia facility and a joint venture in Wuhan, China. The Worton plant produces specialty plasticizers, benzoic acid, and sodium benzoate.
Condensed from the Wall Street Journal. For a slightly fuller story, go to:
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