Monday, October 29, 2007

Eastman, world's largets PET supplier plans to significantly shrink busines...

Eastman, the world's leading supplier of PET for packaging plans to significantly shrink the business. The move, that will turn PET from Eastman's largest business segment into the company's smallest segment by the end of 2008, will be achieved by divesting or shutting down much of its conventional PET processes and investing in a new technology to produce the product.

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