Cases & Deals

Eastman Chemical leases portion of Texas City site to Gulf Coast Ammonia and Air Products, Inc.

Client(s) Eastman Chemical Company

Jones Day advised Eastman Chemical Company in its strategic project with Gulf Coast Ammonia and Air Products, Inc. to lease a portion of Eastman’s Texas City site. Gulf Coast Ammonia will own a new world-scale ammonia production plant. Air Products will build, own, and operate its largest-ever steam methane reformer, an air separation unit to supply nitrogen, and a steam turbine generator to supply power and certain other utilities to operate the new ammonia plant.