Celanese Announces Acetyl Intermediates Price Increases

Thu, September 12 2013

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following products on October 1, 2013, or as contracts allow.

Product     North America    

Central
and South
America

    Europe    

Asia
Outside
China

USA   Canada   Mexico            
¢ / Lb ¢ / Lb USD/MT USD/MT Euro/MT USD/MT
                               
Acetic Acid - - - - - $20
Vinyl Acetate Monomer 2.0 ¢ 2.0 ¢ $60 $60 € 50 $40
Ethyl Acetate - - - - € 50 $20
Butyl Acetate - - - - € 35 $20
Formaldehyde (37%) 2.0 ¢ - - - - -
Paraformaldehyde     6.0 ¢   6.0 ¢   $130     $130     -     -
 

The above price increases are in addition to the Acetic Acid and Vinyl Acetate Monomer price increases that were previously announced on August 26 and August 29, 2013, respectively, for China (see below), which remain in effect for Q4 2013.

Product     China
RMB/MT
     
Acetic Acid     RMB 150
Vinyl Acetate Monomer     RMB 300
 

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. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,600 employees worldwide and had 2012 net sales of $6.4 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.

Celanese
Investor Relations:
Jon Puckett, +1 972-443-4965
jon.puckett@celanese.com
or
Media Relations:
W. Travis Jacobsen, +1 972-443-3750
william.jacobsen@celanese.com

Source: Celanese Corporation