Eastman Completes Restart of Olefin Cracking Unit
“The restart of this cracker was prompted by a favorable shift in market conditions for olefin feedstocks, which is expected to continue over the next several years,” said Ron Lindsay, executive vice president, Performance Polymers and Chemical Intermediates. “Restarting this cracking unit will give us an advantaged cost position over purchasing olefins in the North American market.”
Eastman’s cracking units produce propylene and ethylene, which are used to make olefin derivatives in the company’s Performance Chemicals and Intermediates (PCI) and Coatings, Adhesives, Specialty Polymers and Inks (CASPI) segments.
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