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Celanese Announces Emulsion Polymers Price Increase in North America
DALLAS-(Business Wire)-July 3, 2008 - Celanese, a global leader in emulsion polymers, announced today that it will increase the price of all vinyl-based and acrylic-based emulsions sold in North America according to the following schedule. -0- *T Emulsion type Increase per wet lb. —————————————————— ————————————————- Vinyl-acetate homopolymers $0.03 —————————————————— ————————————————- Vinyl-acrylics $0.07 —————————————————— ————————————————- Vinyl-acetate-ethylene $0.04 —————————————————— ————————————————- Acrylics $0.09 —————————————————— ————————————————- *T
Celanese cited continued, rapid increases in raw materials, feedstocks, energy, and transportation costs as the primary drivers of this announcement. This increase applies to all applications and will be effective for shipments on or after July 15, 2008, or as contracts allow. This announcement is in addition to the one previously released on May 14, 2008.
Customers should contact their Celanese sales representative for more details.
About Celanese
As a global leader in the chemicals industry, Celanese Corporation (NYSE: CE) makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.4 billion in 2007, with approximately 70 percent generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,400 employees worldwide. For more information on Celanese Corporation, please visit the company's website.
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