MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, has increased list and off-list selling prices for Ateva EVA and LDPE polymers, said the producer on its site.
The price increase is effective April 1, 2016 or as contracts allow.
Prices of Ateva EVA will rise by USD0.03/lb (USD 0.07/kg or USD70/tonne) for North and South America and by USD50/tonne for Asia, whereas LDPE prices will increase by USD0.04/lg (USD 0.09/kg or USD90/tonne) for North and South America and by USD50/tonne for Asia.
We remind that, as MRC informed previously, Celanese Corporation raised its prices of vinyl acetate-based emulsions sold in Asia by Yuan 200/MT for China and USD25/MT for the rest of Asia effective March 10, 2016. 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).
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, Celanese employs approximately 7,000 employees worldwide and had 2015 net sales of USD5.7 billion.
MRC