Eastman Chemical Company announced that Lawter International, Inc., will be renamed Eastman Resins, Inc., effective July 1, 2002. Eastman acquired Lawter in June 1999.
Eastman Resins, Inc., will operate as a wholly-owned subsidiary of Eastman Chemical Company. John O’Mahoney, who is chairman and chief executive officer of Lawter, will continue in the same management position for Eastman Resins, Inc.
The name change impacts only Eastman’s U.S. graphic arts business. Renaming these former Lawter sites is an integral step in a global name change program. Some European manufacturing sites previously assumed an Eastman identity, and it is foreseen that other international sites will follow.
“We see this as another important step in identifying the company throughout the global marketplace,” Mr. O’Mahoney said. “And the Lawter brand, symbolizing innovation and product leadership withi
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