MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate ethylene (EVA) emulsions, will increase list and off-list selling prices for acetic acid in early 2017, as per the company's statement.
The price increase below will be effective January 1, 2017, or as contracts allow, and will be USD0.03/lb for the USA and Canada and USD65/tonne for Mexico and South America.
As MRC reported previously, Celanese Corporation, a global technology and specialty materials company, raised its November list and off-list selling prices for acetic acid in China in view of recent market conditions. The price increase below was effective as of 23 November, or as contracts allow, and was RMB150/mt.
Besides, in November 2016, Celanese Corporation increased the price of EVA emulsions sold in China. Prices of EVA emulsions rose by CNY200/MT for China effective November 20, 2016, or as contracts allow. This price increase affects all applications including, but not limited to, adhesives, paints and coatings, waterproofing, building and construction, carpet and paper and 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.