Eastman pursues gasification work

Burridge, Elaine; Gibson, Jane
January 2007
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p7
Trade Publication
The article reports on the plan of Eastman Chemical to spend more than $2 billion to capitalize on coal gasification and other technologies in the next five years. Chief Executive Officer (CEO) Brian Ferguson revealed that he is evaluating investment opportunities in northeast Asia, where there are large coal reserves. Eastman is currently pursuing two coal gasification projects in the U.S. where, according to the company, there is ample supply for the next 250-300 years.


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