US Eastman seeks 5 cent/lb plasticizer hikes for the Americas

13 December 2013 20:50  [Source: ICIS news]

HOUSTON (ICIS)--In an announcement on Friday, Eastman Chemical stated that it is seeking price increases for plasticizers in North America and Latin America, effective on 1 January or as contracts allow.

Eastman wants a rise of 5 cents/lb ($110/tonne, €80/tonne) for all grades of dioctyl phthalate (DOP), dioctyl adipate (DOA), trioctyl trimellitate (TOTM) and the non-phthalate plasticizer 2-ethylhexyl terephthalate.

Eastman Chemical has proposed price increases on upstream feedstocks oxo-alcohols and glycol ethers this week, citing increased market demand, operating costs and raw materials as the reasons behind the price hikes.

($1 = €0.73)

By: Matthew Donovan
+1 713 525 2653

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