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

Eastman Neopentyl Glycol : Off-list price increase of $US 0.03 /lb ($US 0.07/kg) in North 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. 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 Chemical Company

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