Eastman wants 3 cent/lb increase on oxo-alcohols

13 June 2014 20:49 Source:ICIS News

HOUSTON (ICIS) -- Eastman Chemical is seeking off-list price increases of 3 cents/lb on n-butanol (NBA) and isobutanol (IBA) in North America and Latin America, the company announced on Friday.

The price increase is to go into effect on 1 July or as contracts allow.

Eastman Chemical also announced 3 cent/lb price increases on a number of related products, including n-butyraldehyde, butyl acetate and isobutyl acetate.

Another oxo-alcohol manufacturer, Oxea, announced a 3 cent/lb price increase on NBA and IBA on 12 June.

By Matthew Donovan