KINGSPORT, Tenn., September 14, 2018 – Effective October 1, 2018, the Specialty Plastics Business of Eastman Chemical Company is implementing a global list and competitive price increase for all Copolyesters products, as contracts allow. These increases are due to elevated operating costs, especially in raw materials.
The amount of the increase is USD 0.09 per pound, USD 0.20 per kilogram, EUR 0.17 per kilogram, JPY 22 per kilogram, and CNY 1.37 per kilogram.
About Eastman Chemical Company
Eastman is a global advanced materials and specialty additives 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 more than 100 countries and had 2017 revenues of approximately $9.5 billion. The company is headquartered in Kingsport, Tennessee, U.S.A. and employs approximately 14,500 people around the world. For more information, visit www.eastman.com.