Eastman Increases OXO Alcohol Prices On October 1st, 2009

Eastman Increases OXO Alcohol Prices on October 1st, 2009

RSS

KINGSPORT, Tenn., Sept. 9, 2009 - Eastman Chemical Company is increasing prices on the following products effective Oct. 1, or as contracts allow. These increases are due to elevated operating costs, particularly in raw materials

Eastman™ 2-Ethylhexanol: List price increase of $US 0.09 /lb ($US 0.198/kg) in North America and Latin America. Off-list price increase of $US 0.03/lb ($US 0.066/kg) in North America and Latin America.

Eastman™ n-Butyl Alcohol: List price increase of $US 0.09 /lb ($US 0.198/kg) in North America and Latin America. Off-list price increase of $US 0.03/lb ($US 0.066/kg) in North America and Latin America.

Eastman™ Isobutyl Alcohol: List price increase of $US 0.09 /lb ($US 0.198/kg) in North America and Latin America. Off-list price increase of $US 0.03/lb ($US 0.066/kg) in North America and Latin America.

Eastman™ 2-Ethylhexanoic Acid: List price increase of $US 0.08 /lb ($US 0.176/kg) in North America and Latin America. Off-list price increase of $US 0.03/lb ($US 0.066/kg) in North America and Latin America.

Eastman™ Propionic Acid, All Grades: Off-list price increase of $US 0.03 /lb ($US 0.066/kg) in North America and Latin America.

About Eastman Chemical Company
Eastman’s chemicals, fibers and plastics are key ingredients on which our customers rely to make products people use every day. Over 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. Eastman is committed to finding sustainable business opportunities within diverse markets we serve. Headquartered in Kingsport, Tennessee, USA, Eastman had 2008 sales of $6.7 billion.

For more information about Eastman and its products, visit www.eastman.com.

Media Contact:
Brian Yobst
Eastman Chemical Company
Global Pricing Manager
byobst@eastman.com
423-229-4421