KINGSPORT, Tennessee
Eastman today announced a planned increase of its Eastman Therminol® 66 heat transfer fluid manufacturing capacity in Anniston, Alabama. The plant expansion is expected to be complete in 2024 and will increase U.S.-based capacity by 50%.
"We are significantly investing in the expansion of our worldwide capacities to ensure we meet the needs of our customers around the world for years to come," said Sharon Dunn, Eastman's general manager for specialty fluids and energy. "The planned capacity increase in the U.S. demonstrates our deep commitment and further solidifies our leading position in the heat transfer fluid market."
In addition to its Therminol site in Anniston, Eastman manufactures the product at its Newport, Wales, U.K., facility. Eastman also manufactures other Therminol products in Suzhou, China, under a joint venture.
About Eastman
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2021 revenues of approximately $10.5 billion and is headquartered in Kingsport, Tennessee, USA.
Media contact
Tracy Kilgore Addington
1-423-224-0498
tracy@eastman.com
Investors contact
Greg Riddle
1-212-835-1620
griddle@eastman.com
