Industry News

Eastman Increases Eastman Isophthalic Acid Prices on July 1

Published on 2007-06-12. Author : SpecialChem

KINGSPORT, Tenn. -- Eastman Chemical Company is increasing prices on the following products effective July 1. These increases are due to increased market demand and operating costs, particularly in raw materials, energy and freight.

EASTMAN Isophthalic Acid: Off-list price increase of $US 0.03 /lb ($US 0.07/kg) in North America and Latin America.

Eastman Chemical Company (NYSE:EMN) manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is the world’s largest producer of PET polymers for packaging; and is a major supplier of cellulose acetate fibers. As a Responsible Care® company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2006 sales of $7.5 billion and approximately 11,000 employees.

Source: Eastman Chemical Company

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