Eastman Chemical Company Price Increases on Alcohol and Solvents – Effective February 1, 2025
Eastman Chemical Company has announced a price increase effective February 1, 2025, or as contracts allow. This update reflects adjustments in the chemical market and impacts several key products, including alcohols and solvents.Details of the Price IncreasesThe updated pricing, listed in US dollars, includes both off-list and list increases. Key highlights include:AlcoholsEastman™ n-Propyl Alcohol: The off-list increase is $0.05 per pound or $0.11 per kilogram. The applicable regions are NAR (North America) and LAR (Latin America).SolventsEastman™ DB Solvent (Excluding Eastapure): Off-list increase of $0.05 per pound or $0.11 per kilogram.Eastman™ DP Solvent: Off-list increase of $0.03 per pound or $0.07 per kilogram.Eastman™ DTB Solvent: Off-list increase of $0.05 per pound or $0.11 per kilogram.Eastman™ EB Solvent (Excluding Eastapure): Off-list increase of $0.05 per pound or $0.11 per kilogram.Eastman™ EP Solvent (all grades): Off-list increase of $0.03 per pound or $0.07 per kilogram.Eastman™ Ethyl Acetate, NF/EP Grade and Kosher: Off-list increase of $0.02 per pound or $0.04 per kilogram.Eastman™ n-Propyl Acetate: Off-list increase of $0.05 per pound or $0.11 per kilogram.What This Means for Your BusinessThese price adjustments are crucial for industries relying on alcohols and solvents, such as pharmaceuticals, coatings, and industrial manufacturing. Businesses should assess how these changes might affect procurement and supply chain costs.Stay Informed with GreenChemFor more detailed information on Eastman Chemical’s price increase and to read the official announcement, click here. Additionally, join our WhatsApp Channel, Chemical Distribution Hub, to receive timely updates directly on your phone. Follow this link to join now and stay ahead of crucial industry news. Also, make sure to consistently visit our Industry News Section on our website to keep up with the latest trends and developments within the chemical industry.