MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in VAE emulsions, has announced that it will increase the price of vinyl acetate-based emulsions sold in Asia, reported the company on its site.
Vinyl acetate ethylene (EVA) emulsions will increase by Yuan 400/tonne for China and USD55/tonne for the rest of Asia effective April 24, 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).
As MRC wrote previously, Celanese Corporation increased March prices of vinyl acetate-based emulsions sold in Asia, as follows: EVA emulsions will increase by Yuan 200/tonne for China and USD30/tonne for the rest of Asia effective March 20, 2015, 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 7,500 employees worldwide and had 2014 net sales of USD6.8 billion.