MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, will increase list and off-list selling prices for the following acetyl intermediate products. The price increases below are effective November 1, 2015, or as contracts allow, as per the company's press release.
Celanese Corporation last raised its list and off-list selling prices for ethyl acetate and butyl acetate in July in view of the recent rapid increase and continued volatility in China methanol prices. Thus, prices of ethyl acetate and butyl acetate rose by USD30/tonne for Asia (outsite China).
As MRC informed previously, Celanese Corporation raised list and off-list selling prices of Vinyl Acetate Monomer (VAM) effective as of July 1, 2015, as follows:
- by USD0.03/lb - for USA, Canada and Mexico;
- by USD70/tonne - for Central and South America;
- by USD40/tonne - for Asia (outside China).
Besides, Celanese Corporation raised its April prices of vinyl acetate-based emulsions sold in Asia. Vinyl acetate ethylene (EVA) emulsions increased 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 affected all applications including, but not limited to, adhesives, paints and coatings, waterproofing, building and construction, glass fiber, carpet and paper. This increase was attributed to the continued pressures on raw materials, notably ethylene and VAM.
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.
MRC