Eastman Increases Specialty Resin Intermediates Prices on October 1
Sep 11, 2006
KINGSPORT, Tenn.-- Eastman Chemical Company is increasing prices on the following products effective Oct. 1, or as contracts allow. These increases are due to elevated operating costs, particularly in raw materials, energy and freight.
Eastman CHDM Glycol: List and off-list price increase of $US 0.20 /lb ($US 0.44/kg, ˆ 0.34/kg) globally.
Eastman 1,4 CHDA-HP: List and off-list price increase of $US 0.20 /lb ($US 0.44/kg, ˆ 0.34/kg) globally.
Eastman DMCD: List and off-list price increase of $US 0.20 /lb ($US 0.44/kg, ˆ 0.34/kg) globally.
Eastman TMPD Glycol: List and off-list price increase of $US 0.12 /lb ($US 0.26/kg, ˆ 0.21/kg) globally.
Eastman HPHP Glycol: List and off-list price increase of $US 0.10 /lb ($US 0.22/kg, ˆ 0.17/kg) globally.
Eastman AAEM: List and off-list price increase of $US 0.12 /lb ($US 0.26/kg, ˆ 0.21/kg) globally.
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.
