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Celanese Announces Intermediate Chemistry Price Increases

Fri, March 7 2014

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 effective April 1, 2014:

                     
Product North America    

Central and
South
America

    Europe     Turkey    

Asia Outside
China

USA,
Canada

    Mexico
      ¢ / Lb    

¢ / Lb

(except as
shown below)

    USD/MT    

Euro/MT
(except as
shown below)

    USD/MT     USD/MT
Acetic Acid1       4.0 ¢*     4.0 ¢*     $90*     € 50     -     -
Acetic Anhydride       **     **     **     **     **     **
Vinyl Acetate Monomer       4.0 ¢     $150/MT     $150     € 60    

$150

    $150
Butyl Acetate       -     -     -     € 30     -     -
Ethyl Acetate       3.0 ¢     -     -     € 40     -     -
Formaldehyde       1.0 ¢     -     -     -     -     -
Paraformaldehyde       4.0¢     4.0¢     $100     $200     -     $150
 
 

1 The above price increases apply to standard and special grades of acetic acid.

 

*The above price increases are incremental to the previously announced price increases of 1.5¢/Lb and $30/MT for North America and Central and South America, respectively, with an effective date of February 15, 2014.

 

** Please refer to prior announcement from December 2, 2013.

 

Also, effective immediately, Celanese will institute sales control for both Acetic Acid and Vinyl Acetate Monomer in North America, Central and South America, and Europe.

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 registered trademarks 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 Relations
W. Travis Jacobsen, +1-972-443-3750
william.jacobsen@celanese.com

Source: Celanese Corporation