Eastman Increases Rosin Resin and Resin Dispersion Prices on December 1, 2010

Eastman
11/03/2010
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KINGSPORT, Tenn., Nov 1, 2010 - Eastman Chemical Company is announcing a further global price increase on Rosin Resin products and Resin Dispersion products effective December 1, 2010 or as contracts allow. The primary drivers for this additional pricing action are the unprecedented further increase in gum rosin cost and supply tightness.

This price increase is necessary to mitigate the cost pressure and enable continued supply for our customers. Prices are valid till further notice.

Product    Increase Amount
Rosin Resins   0.30 $/lb
0.66 $/kg
0.45 €/kg
Resin Dispersions  0.15 $/lb
0.35 $/kg
0.25 €/kg 

                                                                                                               

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