Celanese Announces Acetyl Intermediates Price Increases

Thu, September 21 2017

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. The price increases below will be effective October 1, 2017, or as contracts otherwise allow, and are incremental to previously announced price increases.

The price increases for ethyl acetate are effective immediately, as notated (*).

Product    

North and
South
America
(USD/lb)

   

U.S. and
Canada
(USD/lb)

   

Mexico and
South
America
(USD/MT)

   

South
America
(USD/MT)

MIBK     $0.08     -     -     -
MIBC     $0.08     -     -     -
Formaldehyde Solution 50%     $0.020     -     -     -
Formaldehyde Solution 37%     $0.015     -     -     -
Paraformaldehyde 91-93%     $0.035     -     -     -
Ethyl Acetate     -     $0.05*     $110*     -
               

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