MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, has increased list and off-list selling prices for Vinyl Acetate Monomer (VAM) sold in Europe, Turkey, the Middle East, Africa and the Americas, as per the company's press release.
The price increases below is effective 1 April, 2018, or as contracts otherwise allow, and are incremental to any previously announced increases.
Thus, VAM prices will be raised, as follows:
- by EUR100/mt - for Europe;
- by USD150/mt - for Turkey, Middle East and Africa;
- by USD0.05/lb - for USA and Canada;
- by USD150/mt - for Mexico and South America.
As MRC wrote previously, Celanese Corporation last increased its list and off-list selling VAM prices in Europe, the Middle East and the Americas on 1 February, 2018. Thus, the company raised February VAM prices, as stated below:
- by EUR50/mt - for Europe and the Middle East;
- by USD0.05/lb - for USA and Canada;
- by USD100/mt - for Mexico and South America.
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 7,600 employees worldwide and had 2017 net sales of USD6.1 billion.
MRC