Eastman Chemical Announces Price Increases on Acids and Plasticizers – Effective May 1, 2025
What Does This Mean for Your Business?
Effective May 1, 2025, Eastman Chemical Company will implement price increases on key acids and plasticizers. These adjustments reflect supply and demand dynamics, impacting industries reliant on these essential chemicals. The following price increases will take effect:Acids: Eastman™ Benzoic Acid (all grades) Increase: $0.05/lb ($0.12/kg) Region: North America (NAR) Plasticizers: Increase: Varies by product from $0.02/lb to $0.20/lb ProductIncrease (per lb / per kg)RegionEastman™ 131 Plasticizer$0.03 / $0.06NAR & LAREastman™ 1046 Plasticizer$0.03 / $0.06NAR & LAREastman™ 2088 Plasticizer$0.07 / $0.15NAREastman™ 284 Plasticizer$0.05 / $0.11NAREastman™ 352 Plasticizer$0.04 / $0.10NAR & LAREastman™ 354 Plasticizer$0.04 / $0.10NAR & LAREastman™ 50 Plasticizer, MIX PRD$0.04 / $0.09NAR & LAREastman™ 6534 Plasticizer$0.04 / $0.09NAREastman™ 9-88 Plasticizer$0.04 / $0.09NAR & LAREastman™ 9-88 Plasticizer, SG, US$0.04 / $0.10NAR & LAREastman™ LA-705 Plasticizer$0.04 / $0.09NAREastman™ LC-531 Plasticizer$0.04 / $0.09NAREastman™ RF-532 Plasticizer$0.04 / $0.09NAREastman™ DOA Plasticizer$0.05 / $0.11NAREastman™ DOP Plasticizer$0.10 / $0.22NAREastman™ TOTM Plasticizer$0.20 / $0.44NAREastman™ Versabond™ Plasticizer$0.06 / $0.13NAREastman™ Versafix™ Plasticizer$0.02 / $0.05NAR & LAREastman™ VersaMax™ Plus Plasticizer$0.10 / $0.22NAR These price adjustments will influence industries such as plastics, personal care, agrochemicals, pharmaceuticals, and industrial formulations, where acids and plasticizers play a critical role in product performance.