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Eastman Increases Resin and Polymer Intermediate Prices on August 1

Published on 2005-08-02. Author : SpecialChem

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

Eastman Isophthalic Acid: List and off-list price increase of $US 0.03/lb ($US 0.066/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. Eastman is leveraging its heritage of innovation and strength in polyester, acetyl and organic chemistry technologies to drive growth and meet increasing demand in four select markets: building and construction, packaging, health and electronics. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2004 sales of $6.6 billion and approximately 12,000 employees.

Source: Eastman

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