Eastman Increases Resin Intermediates Prices on July 1
KINGSPORT, Tenn., June 4, 2008 - Eastman Chemical Company is increasing prices on the following products effective July 1, or as contracts allow. These increases are due to elevated operating costs,
EASTMAN NPG Glycol, All Grades: Off-list price increase of $US 0.08 lb. ($US 0.18 kg.) in North America, Latin America, and Asia Pacific.
EASTMAN NPG Glycol, All Grades: Off-list price increase of $US 0.08 lb. ($US 0.18 kg., EUR 0.115 kg.) in Europe, the Middle East, and Africa.
About Eastman Chemical Company
Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is a major supplier of cellulose acetate fibers; and produces PET polymers for packaging. As a Responsible Care® company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2007 sales of $6.8 billion and approximately 10,500 employees.