Kodak to Increase Prices for Select Consumer Film, One-Time-Use Cameras and Professional Still Films in 2008
ROCHESTER, N.Y., December 3, 2007 – Eastman Kodak Company announced today that it will increase prices an average of 5 – 10 % on select consumer and professional still films and One-Time-Use Cameras beginning in the first quarter of 2008. The price increase is a result of increased costs of raw materials, including silver and petrochemicals, as well as escalating oil prices, and industry volume trends. Timing of the new pricing structure will take effect in US on March 1, 2008
Kodak remains committed to its film portfolio and investment in film innovation to support the diverse capture needs of consumers and professionals worldwide. Kodak’s most recent introduction in October 2007 was a new KODAK PROFESSIONAL T-MAX 400 Film, which is now the world’s finest-grained and sharpest 400-speed black-and-white film in the world.
More information about Kodak (NYSE: EK) is available at www.kodak.com.
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