Nanjing Yangzi Eastman Chemical Begins Construction On Resin Plant
Nanjing Yangzi Eastman Chemical has started construction on a $29.5-million plant.
KINGSPORT, Tenn. — Nanjing Yangzi Eastman Chemical Ltd., a 50-50 joint-venture between Yangzi Petrochemical Industrial Corp. and Eastman Chemical Ltd., has started construction on a $29.5-million plant to produce Eastotac hydrocarbon tackifying resin for adhesive manufacturers.
When on-stream by late 2000, the plant, located in the Dachang district of Nanjing, Jiangsu province, will be the first of its kind in China to use proprietary Eastman technology to produce hydrocarbon resin. The facility will use C5 distillate, a byproduct from the manufacture of ethylene, to produce Eastotac, which is used by manufacturers to produce hot melt adhesives.