
11 Mar 2003
Eastman Announces Plasticizer List and Off-List Price Increase
Eastman Chemical Company has announced a global list and off-list price increase of $0.08 per pound on all plasticizer products effective April 1, 2003.
The company said the price increase is due to significantly increased costs, the continuing need to reinvest in facilities and services to maintain continuous and reliable supply, and the continuing need to invest in and manage the regulatory processes.
Plasticizers are added to polymers to facilitate processing or to increase flexibility or toughness. Eastman plasticizers are extensively used in medical devices, flooring, safety products, wire and cable insulation, garden hose and other plastic products. The price increase is for the following products:
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Eastman Chemical Company
Fascinatio Boulevard 602-614
2909 VA Capelle a/d IJssel
Netherlands
Notes for editors
Headquartered in Kingsport, Tenn., Eastman manufactures and markets chemicals, fibers and plastics worldwide. The company has approximately 15,800 employees in more than 30 countries and had 2002 sales of $US5.3 billion. For more information about Eastman and its products, visit www.eastman.com.
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Vincent Gugumus
Eastman Performance Chemicals and Intermediates
Nancy van Heesewijk
EMG