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Eastman Chemical offers early retirement in hopes of trimming 200 from its work force
December 19, 2006
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Eastman Chemical Co. recently offered early retirement incentives to mostly white-collar employees in Tennessee, Texas and Pennsylvania, hoping to trim 200 to 250 people from its domestic work force, the
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Eastman Chemical partner gets $130 million federal tax credit
December 4, 2006
Eastman Chemical Co., which makes chemicals, fibers and plastics, recently said TX Energy LLC has been awarded a federal investment tax credit of $130 million for a proposed industrial gasification
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Eastman completes sale of Arkansas operations
November 6, 2006
Business Wire reports that Eastman Chemical Company has completed the sale of its wholly owned subsidiary, Eastman SE, Inc., to FutureFuel Corp. Included in the sale are Eastman''s Batesville, Ark.,
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Chemtura to sell EPDM, Rubber businesses to reduce debt
November 6, 2006
Specialty chemical manufacturer Chemtura Corp. said it has agreed to sell its EPDM unit and the Rubber Chemicals businesses associated with its Geismar, La. plant, as well as Flexzone antizonants
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Budget cuts cited in deadly plant blast
October 30, 2006
According to the Associated Press, internal documents show that budget cuts and a lack of leadership contributed to significant safety problems at BP PLC''s Texas City plant, the site of
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Dow CEO blames energy costs for job loss, may move more jobs overseas
October 30, 2006
According to the Associated Press, runaway energy prices are pushing manufacturing jobs in the chemical industry overseas, the head of the world''s second-largest chemical company says. Andrew Liveris, chairman and
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Lower oil costs buoy chemical companies
October 16, 2006
Worldwide economic strength and lower prices for oil and natural gas helped buoy chemical producers during the third quarter, despite a downturn in the U.S. housing market and a struggling
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Eastman Chemical sells polyethylene unit for $255 million
October 16, 2006
Eastman Chemical Co. will sell its polyethylene business to Houston-based Westlake Chemical Corp. for $255 million in cash, the Associated Press reports. The sale includes Eastman Chemical''s polyethylene business and
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Ashland chemical executive Cappeline to retire
September 26, 2006
According to the Associated Press, chemical company Ashland Inc. said longtime executive Gary A. Cappeline plans to retire on April 1, 2007. Cappeline presently serves as president and chief operating
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Idaho, Oregon onions investigated for unapproved pesticides
September 19, 2006
State investigators are digging into rumors that some Idaho and eastern Oregon onion growers used an unapproved pesticide on their crops this year, the Associated Press reports. The pesticide carbofuran,
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