Law360: Eastman Chemical To Sell Texas City Operations For US$490M
September 28, 2023
O’Melveny advised INEOS, a global petrochemicals manufacturer, on its agreement with Eastman Chemical Company, a global specialty materials producer, to acquire the Eastman Texas City site, including the 600kt Acetic Acid plant and all associated third party activities on the site, for approximately US$500 million. The O’Melveny team was led by partners Phillip Oldham, Eric Zabinski, Alex Anderson, Jeff Walbridge, Kim Williams, Adit Khorana, and John Rousakis.
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