(chemmonitor) -- Eastman Chemical Company with HQ in the USA decided to expand ethylene installed capacity at its Texas site.
The company will install a new furnace at the site for this purpose. It will be an Ultra Selective Conversion device.
Another US-based manufacturer, namely Shaw Group, was awarded a contract to procure its own technology for the furnace. It will also provide engineering services and equipment for the device.
The parties do not unveil financial data of the deal.
MRC