INACSA Becomes Part of Eastman

This acquisition forms part of the American group's wider strategy: the INACSA yarn business and assets are expected to support the continued growth of Naia™ cellulosic yarn for the apparel market and will become part of the global Fibers segment supply base.

“With the acquisition of INACSA, Eastman gains a well-respected yarn producer and a European site that will enhance our ability to support the global textiles supply chain,” said Brad Lich, executive vice president and chief commercial officer. “We look forward to welcoming the INACSA employees to the Eastman team.”


Subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions, Eastman will acquire the entire yarn business and assets from INACSA, including the plant and assets in La Batllòria, Spain, formulations and intellectual property and customer contracts. The acquisition is expected to be completed in the third quarter of 2019. The terms of the transaction were not disclosed.