EASTMAN CHEMICAL COMPANY IN KINGSPORT HAS ANNOUNCED IT’S SELLING TWO OF ITS PLASTICS PLANTS. A MEXICAN INDUSTRIAL CONGLOMERATE ALFA CORPORATION HAS AGREED TO BUY THE TWO PLANTS LOCATED IN MEXICO AND ARGENTINA. BOTH PLANTS MANUFACTURE PET POLYMERS. THE MOVE IS PART OF ALFA’S EXPANSION INTO MORE GROWING LATIN AMERICAN MARKETS. THE MEXICAN PLANT IS NEXT TO AN EXISTING ALFA FACILITY AND THE PLANT IN ARGENTINA HAS EASY ACCESS TO KEY RAW MATERIALS. ALFA HAS BUSINESS IN THE PETRO-CHEMICAL, FROZEN FOOD, AUTOMOBILE AND TELECOMMUNICATIONS SECTORS.