(chemmonitor) -- Eastman Chemical
Company with HQ in the USA decided to expand ethylene installed capacity at its
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.