Cases & Deals

Eastman Chemical acquires Sterling Chemicals for $100 million

Client(s) Eastman Chemical Company

Jones Day advised Eastman Chemical Company in its acquisition of Sterling Chemicals, Inc. for $100 million. The acquisition enables the company to expand its non-phthalate plasticizer capacity to meet growing market demand.

In addition to M&A representation, Jones Day provided antitrust, environmental, tax, employee benefits, and real estate advice regarding this transaction.