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Eastman Increases Resin Intermediates Prices on April 1

Published on 2006-03-28. Author : SpecialChem

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

Eastman Neopentyl Glycol : Off-list price increase of $US 0.04 /lb ($US 0.08/kg) in Asia Pacific.

Eastman Neopentyl Glycol : Off-list price increase of $US 0.05 /lb ($US 0.10/kg, € 85.00/kg) in Europe, the Middle East and Africa.

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.

Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2005 sales of $7 billion and approximately 12,000 employees.

Source: Eastman Chemical Company


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