Celanese Announces Price Increase for Acetate Tow
Tue, June 11 2019
DALLAS, AMSTERDAM & SHANGHAI--(BUSINESS WIRE)--
Celanese Corporation (NYSE:CE), a global chemical and specialty
materials company, today announced it will raise prices of all acetate
tow product grades sold globally by up to 10 percent. This price
increase will be effective for orders shipped on or after July 1, 2019,
or as contracts otherwise allow.
“To aid in securing sustainability of the Celanese acetate tow business,
it is paramount that we increase prices and offset declines. Celanese is
committed to our acetate tow business as we continue to invest in
manufacturing assets, innovation and service in order to position the
company as the strategic partner for our customers,” said Marcel van
Amerongen, Vice President, Acetate Tow, for Celanese.
Customers are encouraged to contact their account manager for additional
information.
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 businesses use the
full breadth of Celanese's global chemistry, technology and commercial
expertise to create value for our customers, employees, shareholders 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 7,700 employees
worldwide and had 2018 net sales of $7.2 billion. For more information
about Celanese Corporation and its product offerings, visit www.celanese.com or
our blog at www.celaneseblog.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190611005991/en/
Celanese Contacts:
Investor Relations
Chuck
Kyrish
+1 972 443 4574
chuck.kyrish@celanese.com
Media Relations – Global
W. Travis Jacobsen
+1 972 443
4400
william.jacobsen@celanese.com
Media Relations Europe (Germany)
Jens Kurth
+49(0)69
45009 1574
j.kurth@celanese.com
Source: Celanese Corporation
