Synthomer to acquire adhesive business of Eastman Chemical for $1bn
LONDON, UK: Synthomer plc has agreed to acquire the adhesive resins business (Adhesive Technologies) of Eastman Chemical Company for $1 billion in cash. Eastman Chemical Company’s adhesive resins division develops, manufactures and sells tackifying resins and additives for adhesive products, with a strong focus on attractive end markets such as hygiene, packaging and high-performance tyre…