Celanese Announces Vinyl Acetate-based Emulsions Price Increases in Asia

DALLAS & SHANGHAI--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in vinyl acetate ethylene (VAE) emulsions, announced today that it will increase the price of vinyl acetate-based emulsions sold in Asia. VAE emulsions will increase by ¥ 300/MT for China and $35/MT for the rest of Asia effective April 15, 2016, or as contracts allow.

This price increase affects all applications including, but not limited to, adhesives, paints and coatings, waterproofing, building and construction, glass fiber, carpet and paper.

This increase is attributed to the continued pressures on raw materials, notably ethylene and vinyl acetate monomer (VAM).

Customers should contact their Celanese sales representative for more details.

About Celanese

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. Our two complementary business cores, Acetyl Chain and Materials Solutions, use the full breadth of Celanese’s global chemistry, technology and business expertise to create value for our customers and the corporation. As we partner with our customers to solve their most critical business needs, we strive to make a positive impact on our communities and the world through The Celanese Foundation. Based in Dallas, Celanese employs approximately 7,000 employees worldwide and had 2015 net sales of $5.7 billion. For more information about Celanese and our product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.

All registered trademarks are owned by Celanese International Corporation or its affiliates.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160412006427/en/

Celanese Corporation
Investor Relations
Chuck Kyrish, +1-972-443-4574
[email protected]
or
Media Relations – Global
W. Travis Jacobsen, +1-972-443-3750
[email protected]
or
Media Relations Asia (Shanghai)
Helen Zhang, +86 21 3861 9279
[email protected]
or
Media Relations Europe (Germany)
Jens Kurth, +49(0)69 45009 1574
[email protected]

Source: Celanese Corporation

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