KINGSPORT, Tenn., April 1, 2010 - Eastman Chemical Company is announcing a further price increase of EUR 0.40/kg on Rosin Resin products and EUR 0.20/kg on Resin Dispersion products effective May 1, 2010 or as contracts allow in EMEA. The primary drivers for this additional pricing action are the unprecedented increase in gum rosin cost, supply tightness. This price increase is necessary to mitigate the cost pressure and enable supply for our customers. Prices are valid till further notice.
Eastman Chemical Company continues to work diligently on reducing our overall cost structure so that these increases can be minimized.