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Eastman to raise Oxo Isobutanol prices by USD 0.05/lb in North America, Latin America, effective on Oct. 15, 2024; company cites elevated operating costs, particularly in raw materials

Oct 4, 2024 Press Release 1 min read

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October 4, 2024 (press release) –

KINGSPORT, Tennessee

Effective October 15, 2024, or as contracts allow, Eastman Chemical Company is announcing an off-list price increase in North America and Latin America for the following products:

  • Eastman™️ Isobutyl Alcohol all grades and packages: USD 0.05/lb (USD 0.11/kg)

This increase is due to elevated operating costs, particularly in raw materials.  

About Eastman

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

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