FLORENCE, Ky. & SULZBACH, Germany & SHANGHAI--(BUSINESS WIRE)--Ticona, the engineering polymers business of Celanese Corporation (NYSE: CE), today announced it is raising prices globally for acetal copolymer (POM) products effective with all shipments beginning April 15, 2012, or as contracts allow:
- North America and South America: $0.10 per pound, and higher for specialty grades
- Europe, Middle East and Africa: €0.20 per kilogram, and higher for specialty grades
- Asia-Pacific Region: USD $0.20 per kilogram, and higher for specialty grades
About Ticona and Celanese
Ticona, the engineering polymers business of Celanese Corporation, produces and markets a broad range of high performance products, and posted net sales of $1,298 million in fiscal 2011. Ticona employs more than 1,500 individuals at production, compounding and research facilities in the USA, Germany, Brazil and China. For more information, please visit www.ticona.com or www.ticona.cn (Chinese language).
Celanese Corporation is a global technology leader in the production of specialty materials and chemical products which are used in most major industries and consumer applications. Our products, essential to everyday living, are manufactured in North America, Europe and Asia. Known for operational excellence, sustainability and premier safety performance, Celanese delivers value to customers around the globe with best-in-class technologies. Based in Dallas, Texas, the company employs approximately 7,600 employees worldwide and had 2011 net sales of $6.8 billion, with approximately 73% generated outside of North America. For more information about Celanese Corporation and its global product offerings, visit www.celanese.com.
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