MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, and a global leader in vinyl acetate ethylene (EVA) emulsions, has announced an increase in its September prices of vinyl acetate-based emulsions sold in Asia outside China (AOC), as per the company's press release.
Thus, the company's prices of EVA emulsions rose by USD50/mt for this region, effective September 15, 2020, or as contracts otherwise allow.
The price increases above are for orders shipped immediately, or as contracts otherwise allow, and are incremental to any previously announced rises.
As MRC reported earlier, Celanese also raised its September prices of EVA emulsions for China by CNY300/mt.
According to MRC's DataScope report, June EVA imports to Russia fell by 22,5% year on year to 2,940 tonnes from 3,800 tonnes a year earlier, and overall imports of this grade of ethylene copolymer into the Russian Federation dropped in January-June 2020 by 8,16% year on year to 17,440 tonnes (18,980 tonnes a year earlier).
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 7,700 employees worldwide and had 2019 net sales of USD6.3 billion.