Eastman Chemical to increase global prices on specialty plasticizers products by US$0.06/lb., effective Feb. 15 or as contracts allow
January 16, 2014
– Eastman Chemical Company is increasing prices on the following products Feb. 15, or as contracts allow. These increases are due to elevated operating costs, particularly in raw materials.
Eastman TXIB™ Formulation Additive : List price increase of $USD 0.06/lb ($USD 0.13/kg) globally. Off-list price increase of $USD 0.06/lb ($USD 0.13/kg) and €EUR 0.10/kg globally.
Eastman TXIB™ SG Formulation Additive : List price increase of $USD 0.06/lb ($USD 0.13/kg) globally. Off-list price increase of $USD 0.06/lb ($USD 0.13/kg) and €EUR 0.10/kg globally.
About Eastman Chemical Company
Eastman is a global specialty chemical company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in approximately 100 countries and had 2012 pro forma combined revenues, giving effect to the Solutia acquisition, of approximately $9.1 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 13,500 people around the world. For more information, visit www.eastman.com.