Celanese Corporation (NYSE: CE), a global technology and specialty
materials company and a global leader in VAE emulsions, announced today
that it will increase the price of vinyl acetate-based emulsions sold in
Asia. Vinyl acetate ethylene (VAE) emulsions will increase by ¥ 400/MT
for China and $55/MT for the rest of Asia effective April 24, 2015, or
as contracts allow.
This price increase affects all applications including, but not limited
to, adhesives, paints and coatings, waterproofing, building and
construction, glass fiber, carpet and paper.
This increase is attributed to the continued pressures on raw materials,
notably ethylene and vinyl acetate monomer (VAM).
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. 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 7,500 employees worldwide and had
2014 net sales of $6.8 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.
Copyright Business Wire 2015