Celanese Announces Vinyl Acetate-based Emulsions Price Increases in Asia
Tue, April 12 2016
DALLAS & SHANGHAI--(BUSINESS WIRE)--
Celanese Corporation (NYSE: CE), a global technology and specialty
materials company and a global leader in vinyl acetate ethylene (VAE)
emulsions, announced today that it will increase the price of vinyl
acetate-based emulsions sold in Asia. VAE emulsions will increase by ¥
300/MT for China and $35/MT for the rest of Asia effective April 15,
2016, or as contracts allow.
This price increase affects all applications including, but not limited
to, adhesives, paints and coatings, waterproofing, building and
construction, glass fiber, carpet and paper.
This increase is attributed to the continued pressures on raw materials,
notably ethylene and vinyl acetate monomer (VAM).
Customers should contact their Celanese sales representative for more
details.
About Celanese
Celanese Corporation is a global technology leader in the production
of differentiated chemistry solutions and specialty materials used in
most major industries and consumer applications. Our two complementary
business cores, Acetyl Chain and Materials Solutions, use the full
breadth of Celanese’s global chemistry, technology and business
expertise to create value for our customers and the corporation. As we
partner with our customers to solve their most critical business needs,
we strive to make a positive impact on our communities and the world
through The Celanese Foundation. Based in Dallas, Celanese employs
approximately 7,000 employees worldwide and had 2015 net sales of $5.7
billion. For more information about Celanese and our product offerings,
visit www.celanese.com
or our blog at www.celaneseblog.com.
All registered trademarks are owned by Celanese International
Corporation or its affiliates.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160412006427/en/
Celanese Corporation
Investor Relations
Chuck
Kyrish, +1-972-443-4574
chuck.kyrish@celanese.com
or
Media
Relations – Global
W. Travis Jacobsen, +1-972-443-3750
william.jacobsen@celanese.com
or
Media
Relations Asia (Shanghai)
Helen Zhang, +86 21 3861 9279
lan.zhang@celanese.com
or
Media
Relations Europe (Germany)
Jens Kurth, +49(0)69 45009 1574
j.kurth@celanese.com
Source: Celanese Corporation
