Eastman Chemical, September 9, 2024

Eastman Chemical, September 9, 2024

Eastman Chemical Announces Price Increases on Solvents – Effective September 9, 2024

Starting September 9, 2024, Eastman Chemical will implement a price increase on several key solvents. This adjustment is part of the company’s ongoing response to market dynamics, including supply chain constraints and rising raw material costs.The price increase will affect the following solvent products:EastmanTM PM Acetate (Tech grade) by $0.06/lbThis price increase will impact businesses that rely on these solvents for their production processes, such as in coatings, inks, and cleaning formulations. It is crucial for companies to reassess their procurement strategies and budget allocations to accommodate these new costs.