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Celanese Corp hikes global prices of few materials

22 Jun '15

1 min read

Specialty materials company Celanese Corporation said it is raising list and off list selling prices for Acetic Acid, Vinyl Acetate Monomor and Acetic Anhydride across the world as of July 1 or as contracts allow.

In a statement, Celanese said it is hiking Acetic Acid price in Europe by €40 per MT and that of Acetic Anhydride by €40 per MT again for Europe.

For Vinyl Acetate Monomor, it is raising prices by $0.03 per lb in US, Canada and Mexico, $70 per MT in Central and South America and $40 per MT in Asia, except China.

Celanese Corporation produces 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.

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. (AR)

Fibre2fashion News Desk - India