Celanese Announces Engineered Materials Price Increases in the Americas
DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announces price increases on its Hostaform® and Celcon® polyacetal (POM) grades and Celanex® polyester (PBT) grades in the Americas.
Effective May 1, 2017, prices will increase as follows, or as contracts otherwise allow:
| Product | US/Canada | Mexico | South America | ||||||
| USD/lb | USD/kg | USD/kg | |||||||
| Hostaform® and Celcon® polyacetal (POM) |
$0.10 |
$0.20 |
$0.20 |
||||||
| Celanex ® (PBT) | $0.12 | $0.25 | $0.25 | ||||||
Celanese is the world’s leading supplier of polyacetal and polyester (Celanex® PBT) and the only supplier with global production facilities providing local supply to all regions of the world. Celanese continues to support its customers globally with a growing portfolio of products and functionalized grades. The company is committed to enhancing its product offerings and capabilities through ongoing investments in compounding assets, technologies, and product and application expertise.
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 7,300 employees worldwide and had 2016 net sales of $5.4 billion. For more information about Celanese Corporation and its 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.
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Celanese Corporation
Investor Relations
Surabhi
Varshney, +1-972-443-3078
[email protected]
or
Media
Relations – Global
W. Travis Jacobsen, +1-972-443-3750
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Media
Relations Asia (Shanghai)
Helen Zhang, +86 21 3861 9279
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Media
Relations Europe (Germany)
Jens Kurth, +49(0)69 45009 1574
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Source: Celanese Corporation