X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Eastman Chemical, which saw 2011 revenue and earnings increase by 23% and 18%, respectively, in January announced the acquisition of Solutia, a fellow manufacturer of specialty chemicals and performance materials. CFO Curt Espeland, who joined the Kingsport, Tenn.-based company in 1996 and has been its finance chief since 2008, helped steer the capital-intensive chemicals and specialty plastics provider through the financial crisis and through recent initiatives, such as the divestiture of its PET (polyethylene terephthalate) business, its acquisition of Genovique Specialties Corp. and its joint venture in Korea. Espeland, one of Treasury & Risk’s CFOs to Watch in 2011, explains Eastman’s approach to major initiatives, including M&A, and how the company incorporates benchmarking to optimize the results. 

Dig Deeper

T&R Express

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.