Eastman Acquires Marlotherm from Sasol

Eastman Acquires Marlotherm from Sasol
Photo source
www.eastman.com

Date: 3 April 2019

Acquisition will enable company to expand Heat Transfer Fluids product offerings.

Eastman Chemical Company today announced that it has acquired from Sasol, a global chemical and energy company, the Marlotherm heat transfer fluids manufacturing assets located in Germany and related formulations, intellectual property and customer contracts. This acquisition enables Eastman to expand its heat transfer fluids product offerings to customers around the globe. Terms of the transaction were not disclosed.

“With this acquisition, Eastman adds a complementary and profitable heat transfer fluid product line that aligns well with our existing offerings,” said Mahendra Dorairaj, vice president and general manager of Specialty Fluids & Energy and Adhesives. “Marlotherm is a proven product and brand in heat transfer fluids with significant application expertise. This acquisition expedites our strategy and is consistent with our objective of delivering superior value through disciplined capital allocation including bolt-on acquisitions.”

This new heat transfer product line will become a part of Eastman’s Specialty Fluids business in the Additives & Functional Products segment.

600450 Eastman Acquires Marlotherm from Sasol glassonweb.com

See more news about:

Others also read

Glass for Europe issues this explanatory paper to bring clarity to all actors in the flat glass value chain about the use of interleaving polymer powders in the flat glass sector.
Bost wishes everyone prosperity, joy, and success in the coming year.
Bost, a global leader in glass anti-stain interleaving powder, recently concluded a successful visit to Vietnam.
Leveraging raw materials from reputable international suppliers ensures the stability of product quality. BOST products have undergone strict tests at the National Glass Testing Center and obtained EU SGS certification.
On average, firms project a slight increase in net revenue this year, and a slight decline in 2024
BOST® New Material helps improve Anti-Stain in float glass sheets, ultra-clean glass sheets, online coated glass, and various types of deep-processed glass.

Add new comment

From industry

2200 W. Salzburg Rd.
Auburn , MI 48611
United States

Ottergemsesteenweg 707-Zuid
9000 Ghent
Belgium

NEWS RELATED PRODUCTS

BOST (Shenzhen) New Material
Diamon-Fusion International, Inc.
BOST (Shenzhen) New Material
BOST (Shenzhen) New Material
BOST (Shenzhen) New Material