MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate ethylene (EVA) emulsions, has announced it will increase the price of vinyl acetate-based emulsions sold in Asia, according to the company's press release.
PVAc homopolymer and vinyl acetate ethylene (VAE) emulsions will increase by CNY200/tonne for China and USD30/tonne for the rest of Asia effective August 18, 2014, or as contracts allow.
This increase is in addition to the price increase announced on July 15 and effective July 18, 2014.
This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, glass fiber, carpet and paper.
As MRC wrote previously, in July 2014, Celanese Corporation raised its price of vinyl acetate-based emulsions sold in Asia, as follows: PVAc homopolymer and EVA emulsions - by CNY 200/tonne for China and USD30/tonne - for the rest of Asia effective July 18, 2014, or as contracts allow.
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