Celanese Announces Price Increases for Engineered Materials Products
Wed, March 28 2018
DALLAS & AMSTERDAM & SHANGHAI--(BUSINESS WIRE)--
Celanese Corporation (NYSE: CE), a global technology and specialty
materials company, today announces price increases on its Hostaform® /
Celcon® Polyacetal (POM) grades, PBT [e.g. Celanex® PBT, Impet®
PET, Vandar® PBT Alloys], GUR® ultra-high
molecular weight polyethylene grades and LCP [Vectra®, Zenite®, Thermx®]
grades, Forprene® (TPV), Laprene® (TPE-S) and
Forflex® (TPO) grades.
Effective April 1, 2018, prices will increase as follows, or as
contracts otherwise allow.
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Product
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Americas
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Europe
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Asia
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($/kg)
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(€/kg)
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($/kg)
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Hostaform® and Celcon® Polyacetal (POM)
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0.3
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0.3
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0.3
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PBT
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0.2
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0.2
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0.2
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GUR® UHMW-PE
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0.2
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0.2
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0.2
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LCP in %
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10%
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10%
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10%
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Forprene® (TPV) and
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5% (min. 0.10 $/kg.)
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5% (min. 0.10 €/kg.)
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5% (min. 0.10 $/kg.)
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Forflex® (TPO) in %
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Laprene® (TPE-S)
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5% (min. 0.10 $/kg.)
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5% (min. 0.10 €/kg.)
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5% (min. 0.10 $/kg.)
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Individual grades may be subject to a higher increase than specified
above.
Celanese is the world’s leading supplier of polyacetal and GUR® and the
only supplier with global production facilities providing local supply
to all regions of the world. Celanese continues to support its customers
globally with a growing portfolio of products and functionalized grades.
The company is committed to enhancing its product offerings and
capabilities through ongoing investments in compounding assets,
technologies, and product and application expertise.
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 7,600 employees worldwide and had 2017 net
sales of $6.1 billion. For more information about Celanese Corporation
and its 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: https://www.businesswire.com/news/home/20180328006039/en/
Celanese Corporation
Investor Relations
Surabhi
Varshney, +1-972-443-3078
surabhi.varshney@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
