MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, will increase list and off-list selling prices for vinyl acetate monomer (VAM) in Europe and the Americas, as per the company's press release.
The price increases below will be effective March 1, 2017, or as contracts allow.
Thus, VAM prices will be raised, as follows:
- by EUR100/mt - for Europe;
- by USD100/mt - for Central and South America and Mexico;
- by USD0.05/lb - for USA and Canada.
As MRC wrote before, last year, Celanese Corporation already raised its June list and off-list VAM selling prices. The price increases were effective June 1, 2016, or as contracts allowed, and were as follows:
- by EUR50/mt - for Europe;
- by USD50/mt - for Central and South America and Mexico;
- by USD0.02/lb - for USA and Canada.
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 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
MRC