05/12/2026 | Press release | Distributed by Public on 05/12/2026 19:01
KINGSPORT, Tennessee
Due to the magnitude and duration of cost escalation in oil derived raw materials, energy, and logistics, Eastman is announcing a price increase on polyester, copolyester, and cellulosic products effective June 1, 2026, or as contracts allow.
The amount of the increase is as follows:
Renew content of these products utilize recycled feedstocks that are not subject to the same cost escalation impacts. As such, Renew containing grades will be subject to a lower increase, proportional to the Renew content as described in previous announcements. For example, Renew 50 products will increase USD 0.15 per kilogram or USD 0.07 per pound, adjusted to local currencies as applicable.
Orders shipping on or after June 1, 2026, will be invoiced at the new pricing referenced above. Eastman will continue to monitor the volatile environment and adjust pricing as appropriate.
We value your business. Your kind understanding and cooperation during these uncertain times are very much appreciated. Your Eastman Account Manager will be in contact to discuss the specific details and address any questions.
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 company, Eastman employs approximately 13,000 people around the world and serves customers in more than 100 countries. The company had 2025 revenue of approximately $8.8 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.