Eastman Chemical Acquires Marlotherm Assets from Sasol

8th April 2019

Eastman Chemical Acquires Marlotherm Assets from Sasol

Eastman Chemical Company has acquired the German Marlotherm heat transfer fluids manufacturing assets and associated formulations, intellectual property and customer contracts from Sasol, a South Africa-based integrated energy and chemical company. Financial terms of the deal were not disclosed.

“With this acquisition, Eastman adds a complementary and profitable heat transfer fluid product line that aligns well with our existing offerings,” said Mahendra Dorairaj, Eastman Chemical’s vice president and general manager of Specialty Fluids & Energy and Adhesives. “Marlotherm is a proven product and brand in heat transfer fluids with significant application expertise. This acquisition expedites our strategy and is consistent with our objective of delivering superior value through disciplined capital allocation including bolt-on acquisitions.”

The new product line will become a part of Eastman’s Specialty Fluids business in the Additives & Functional Products segment.

Photo: © Eastman
Eastman Chemical Company has acquired the German Marlotherm heat transfer fluids manufacturing assets and associated formulations, intellectual property and customer contracts from Sasol.

For more information visit www.chemanager-online.com/en

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