Celanese Announces Vinyl Acetate-based Emulsions Price Increase in Asia
By Business Wire News
Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in vinyl acetate ethylene (VAE) emulsions, announced today that it will increase the price of vinyl acetate-based emulsions sold in Asia. VAE emulsions will increase by ¥ 200/MT for China and $30/MT for the rest of Asia effective March 20, 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.
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.
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