Celanese Announces Vinyl Acetate-based Emulsions Price Increase in the Americas
Mon, June 2 2014
DALLAS--(BUSINESS WIRE)--
Celanese Corporation (NYSE: CE), a global technology and specialty
materials company and a global leader in VAE emulsions, announced today
that due to market conditions, including the global supply
unavailability of vinyl acetate monomer, it will increase the price of
vinyl acetate-based emulsions sold in the Americas. PVAc homopolymer,
vinyl acetate ethylene (VAE) and vinyl acrylic emulsions will increase
by up to $0.04 / wet pound effective June 16, 2014, or as contracts
allow.
This announcement is in addition to the price increases for the same
vinyl-based emulsions which were announced on March 7, 2014 and
effective April 1, 2014, and announced on January 10, 2014 and effective
on February 1, 2014.
This price increase affects all applications including, but not limited
to, adhesives, paints and coatings, building and construction,
nonwovens, glass fiber, carpet, paper and textiles.
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. 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 7,400 employees worldwide and had
2013 net sales of $6.5 billion. For more information about Celanese
Corporation and its product offerings, visit www.celanese.com
or our blog at www.celaneseblog.com.
All trademarks indicated above are owned by Celanese International
Corporation or its affiliates.
Celanese Corporation
Investor Relations
Jon
Puckett, +1-972-443-4965
Jon.Puckett@celanese.com
or
Media
- Corporate
W. Travis Jacobsen, +1-972-443-3750
William.Jacobsen@celanese.com
Source: Celanese Corporation
