DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced that its Acetate business will increase the price of acetate tow for core grade items by 8 to 10 percent (FOB plant basis).
Pricing for unique and/or low volume tow items and specialty tow items will increase by a differentiated amount.
Price increases are effective July 1, 2012 and valid through year end, or as contracts allow.
Customers should contact their Celanese sales representative for more details.
Celanese Corporation is a global technology leader in the production of specialty materials and chemical products that 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 or the company’s blog at www.celaneseblog.com.
Celanese® is a registered trademark of Celanese International Corporation.