Eastman Chemical to increase price on acetic acid by US$0.02/lb. in North America, Latin America, effective March 15; increases due to elevated operating costs, particularly in raw materials, freight, company says

KINGSPORT, Tennessee , February 17, 2012 (press release) – Eastman Chemical Company is increasing prices on the following products Mar. 15, or as contracts allow. These increases are due to elevated operating costs, particularly in raw materials and freight.

EASTMAN™ Acetic Acid: List and Off-List price increase of $USD 0.02/lb ($USD 0.05/kg) in NAR and LAR

Eastman’s chemicals, fibers and plastics are used as key ingredients in products that people use every day. Approximately 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. The company is committed to finding sustainable business opportunities within the diverse markets it serves. A global company headquartered in Kingsport, Tenn., USA, Eastman had 2011 sales of $7.2 billion. For more information, visit www.eastman.com.

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