Celanese hikes global acetyls prices
October 26, 2015 - United States Of America
Specialty materials company Celanese Corporation said it is raising list and off-list selling prices for vinyl acetate monomor and ethyl acetate across the world effective November 1, 2015, or as contracts allow.
In a statement, Celanese said it is raising prices of vinyl acetate monomer by $0.03 per lb in US, Canada and Mexico, $60 per metric ton in Central and South America, €50 per metric ton in Europe and Middle East, and $50 per metric ton in Asia, except China.
For ethyl acetate, the price hike is $0.05 per lb in US, Canada and Mexico, and $200 per metric ton in Central and South America.
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. (RKS)