Kodak News; June 10 – 14

History still in the making…

Kodak plans to shut down its cellulose acetate base manufacturing operations next week. Light sensitive chemicals are spread on the acetate base to make photographic film. The acetate base is made in building 53 in Eastman Business Park. Kodak has an inventory of years worth of acetate base and are looking at options for an external supplier after that. This also mean another 61 people will be losing their jobs.

More than a dozen companies on Thursday filed court papers outlining their objections and concerns to a deal that would sell the personal imaging group to the U.K. Pension Fund. The companies have a problem with how they and the current patent agreements they have with Kodak will fare in the sale.