Eastman microfiber technology gaining momentum
Published December 13, 2012
At its 2012 Investor Day, Eastman Chemical Company's Dr. Greg Nelson, senior vice president and chief technology officer, reviewed the company's research and development efforts and how they are aligned with the company's growth strategy and outlined progress being made on new technology platforms. Nelson said interest in Eastman's microfibers technology is gaining momentum and the company expects the first commercially available product with nonwoven microfibers to be available in the first quarter of 2013. Nelson also discussed how the recent acquisition of Solutia has significantly increased the company's global innovation footprint, thereby accelerating plans to grow in China.