Celanese Announces Price Increases on Hostaform® and Celcon® Specialty Polyacetal (POM) Grades
By Business Wire News
Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announces price increases on its Hostaform® and Celcon® specialty polyacetal (POM) grades including tribological, electrostatic, high impact, custom colors and other functionalized grades.
Effective July 1, 2015:
- prices for the above grades in full truckload/container quantities will increase by 8.5 percent, or as contracts allow.
- prices for certain specialty color grades will increase 50 percent, or as contracts allow.
For less-than-full truckload quantities, appropriate upcharges will apply.
Celanese continues to support its customers globally with a growing specialty portfolio of polyacetals and functionalized grades. The company is committed to enhancing its specialty product offerings and capabilities through ongoing investments in compounding assets, technologies, and product and application expertise.
Customers should contact their Celanese account manager for more information.
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.
This release may contain “forward-looking statements,” which include information concerning the company’s plans, objectives, goals, strategies, future revenues or performance, capital expenditures, financing needs and other information that is not historical information. When used in this release, the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the company or customers will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed in the company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Jon Puckett, +1-972-443-4965
Media Relations – Global
W. Travis Jacobsen, +1-972-443-3750
Media Relations Asia (Shanghai)
Xinya (Tessy) Tao, +86 21 2032 7118
Media Relations Europe (Germany)
Jens Kurth, +49(0)69 45009 1574