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Celanese Announces Acetyl Intermediates and Vinyl Acetate-based Emulsions Price Increases

Wed, September 6 2017

DALLAS, AMSTERDAM & SHANGHAI--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediates products. The price increases below will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases.

Product     USA and     Mexico     South     Europe     China     Asia
Canada (USD/MT) America Middle East (RMB/MT) outside
(USD/lb) (USD/MT) and Africa China
                        (EUR/MT)           (USD/MT)
Acetic Acid     $0.040     $90     $90     €80     -     -
Acetic Anhydride     $0.040     $90     $90     €100     -     -
Acetic Acid/ Acetic Anhydride blend     $0.040     $90    

$90

    €100     -     -
Ethyl Acetate     $0.060     $130     $130     €125     -     -
Vinyl Acetate Monomer (VAM)     -     -     -     -     ¥500     $100
 

The company also announced today that it will increase the price of vinyl acetate-based emulsions sold in China by ¥500/MT and in Asia (outside of China) by $100/MT, effective immediately or as contracts otherwise allow.

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 currently employs approximately 7,500 employees worldwide and had 2016 net sales of $5.4 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.

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