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August 11, 2005
By: KERRY PIANOFORTE
Eastman Chemical Company and Apollo Management, L.P. have completed the sale of certain businesses and product lines in Eastman’s coatings, adhesives, specialty polymers and inks (CASPI) segment to Apollo. Apollo said the new company will be named Resolution Specialty Materials, Inc. (RSM), and will be based in Houston, TX. RSM will be led by Jeff Nodland, a 25-year veteran of the coatings and composites industry.
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