Celanese Announces Engineered Materials Price Increases
Tue, March 21 2017
DALLAS--(BUSINESS WIRE)--
Celanese Corporation (NYSE: CE), a global technology and specialty
materials company, today announces price increases on its Hostaform® and
Celcon® polyacetal (POM) grades and GUR® ultra-high molecular
weight polyethylene (UHMW-PE) and GHR® high molecular weight
polyethylene (VHMW-PE) grades.
Effective April 1, 2017, prices will increase as follows, or as
contracts otherwise allow:
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Product
|
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Europe, Middle East
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|
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Asia
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|
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Americas
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EUR/kg
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|
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USD/kg
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USD/kg
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Hostaform® and Celcon® polyacetal (POM)
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0.2
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0.25
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|
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See Comment**
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GUR® ultra-high molecular weight polyethylene (UHMW-PE)
and GHR® high molecular weight polyethylene (VHMW-PE)
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0.25
|
|
|
0.1
|
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0.1
|
|
|
|
|
|
|
|
|
|
|
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** Prices will be increased in the Americas region on a selective basis
or as contracts otherwise allow.
Celanese is the world’s leading supplier of polyacetal and ultra-high
molecular weight polyethylene and the only supplier with global
production facilities providing local supply to all regions of the
world. Celanese continues to support its customers globally with a
growing portfolio of products and functionalized grades. The company is
committed to enhancing its product offerings and capabilities through
ongoing investments in compounding assets, technologies, and product and
application expertise.
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 employs
approximately 7,300 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170321006205/en/
Celanese
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
