DuPont Engineering Polymers Acquires Eastman's High-Performance Plastics Business

WILMINGTON, Del. - DuPont Engineering Polymers has acquired the high-performance crystalline plastics business from Eastman Chemical Co., Kingsport, Tenn. The business includes Eastman's Titan LCP, a liquid crystal polymer; Thermx PCT, a family of polycyclohexylene dimethyl terephthalate products; and Thermx EG series of reinforced polyethylene terephthalate (PET) thermoplastic polyester resins used in the automotive, electrical/electronics and other industries.

"The acquisition fits well with the current DuPont offerings in the automotive and electrical/electronics industries where DuPont has a major stake and the businesses can be quickly and fully integrated into our operations," said Terry Caloghiris, vice president and general manager, DuPont Engineering Polymers.