Kingsport Based Eastman Chemical Company Has Announced Plans To Discontinue One Of Its Texas Based Projects. According To A Press Release, High Capital Costs, Environmental Issues And Uncertainity In Petroleum Prices And Products Have Forced The Company To Discontinue An Industrial Gasification Project In Beaumont, Texas. Ceo Jim Rogers Said Eastman Will Continue To Explore Global Industrial Gasification Opportunities As A Longterm Growth Option For The Company.