MOSCOW (MRC) -- Eastman Chemical Company, a global specialty chemical company, is increasing prices on the following products with effect of 1 September, or as contracts allow, as per the company's press release.
EASTMAN PROPIONIC ACID, all grades: offlist price increase of USD 0.06/lb (USD 0.13/kg) in North America and Latin America.
These increases are due to elevated operating costs, especially in raw materials.
As MRC informed before, earlier this year, Eastman Chemical Company enhanced its medical packaging portfolio with Eastalite copolyester, the company’s first opaque offering, which is styrene-free and can be a sustainable alternative to high-impact polystyrene (HIPS).
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 serves customers in approximately 100 countries and had 2013 revenues of approximately USD9.4 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,000 people around the world.
MRC