Eastman Increases PET Resin Prices on June 1   RSS
 
Mexico City, Mexico, June 1, 2007 - Eastman Chemical Company is increasing prices on the following products effective June 1, or as contracts allow. These increases are due to increased operating costs, particularly in raw materials.

EASTMAN PET Resins: List and off-list price increase of $US 0.04/lb in Mexico, Centro America, the Caribbean and Andean Regions.
 

Eastman Chemical Company (NYSE:EMN) manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is the world’s largest producer of PET polymers for packaging; and is a major supplier of cellulose acetate fibers. As a Responsible Care® company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2006 sales of $7.5 billion and approximately 11,000 employees. For more information about Eastman and its products, visit www.eastman.com.
 

Contact: Lori Bold
+1-423-224-0528
globalmediarelations@eastman.com