MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in EVA emulsions, has announced that due to market conditions, including the global supply unavailability of vinyl acetate monomer, it will increase the price of vinyl acetate-based emulsions sold in the Americas, as per the company's press release.
PVAc homopolymer, vinyl acetate ethylene (VAE) and vinyl acrylic emulsions will increase by up to USD0.04/wet pound (USD90/tonne) effective June 16, 2014, or as contracts allow.
This announcement is in addition to the price increases for the same vinyl-based emulsions which were announced on March 7, 2014 and effective April 1, 2014, and announced on January 10, 2014 and effective on February 1, 2014.
As MRC informed previously, Celanese Corporation raised its April prices of vinyl acetate-based emulsions sold in the Americas as follows: PVAc homopolymer, EVA and vinyl acrylic emulsions will increase by up to USD0.03/wet pound (USD70/tonne).
This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, nonwovens, glass fiber, carpet, paper and textiles.
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. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of USD6.5 billion.
MRC