Eastman Chemical to increase global prices of n-propyl acetate by $US0.03/lb., n-propyl alcohol by $US0.03/lb., effective April 1 or as contracts allow; company attributes increase to higher market demand and operating costs
March 17, 2014
– Eastman Chemical Company is increasing prices on the following products Apr. 01, or as contracts allow.
These increases are due to increased market demand & operating costs, particularly in raw materials, energy.
EASTMAN ™ n-Propyl Acetate : Offlist Price increase of $USD 0.03/LB ($USD 0.07/KG) globally.
EASTMAN ™ n-Propyl Alcohol : Offlist Price increase of $USD 0.03/LB ($USD 0.07/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 2013 revenues of approximately $9.4 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately14,000 people around the world. For more information, visit www.eastman.com.