Celanese Announces Engineered Materials Price Increases

DALLAS--()--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announces price increases on its Hostaform® and Celcon® polyacetal (POM) grades and GUR® ultra-high molecular weight polyethylene (UHMW-PE) and GHR® high molecular weight polyethylene (VHMW-PE) grades.

Effective April 1, 2017, prices will increase as follows, or as contracts otherwise allow:

Product     Europe, Middle East     Asia     Americas
      EUR/kg     USD/kg     USD/kg
Hostaform® and Celcon® polyacetal (POM)     0.2    

0.25

   

See Comment**

GUR® ultra-high molecular weight polyethylene (UHMW-PE) and GHR® high molecular weight polyethylene (VHMW-PE)

    0.25    

 

0.1

   

 

0.1

 

** Prices will be increased in the Americas region on a selective basis or as contracts otherwise allow.

Celanese is the world’s leading supplier of polyacetal and ultra-high molecular weight polyethylene 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.

Contacts

Celanese
Investor Relations:
Surabhi Varshney, +1 972-443-3078
surabhi.varshney@celanese.com
or
Media Relations – Global:
W. Travis Jacobsen, +1 972-443-3750
william.jacobsen@celanese.com
or
Media Relations Asia (Shanghai):
Helen Zhang, +86 21 3861 9279
lan.zhang@celanese.com
or
Media Relations Europe (Germany):
Jens Kurth, +49(0)69 45009 1574
j.kurth@celanese.com

Release Summary

Celanese Announces Engineered Materials Price Increases

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Contacts

Celanese
Investor Relations:
Surabhi Varshney, +1 972-443-3078
surabhi.varshney@celanese.com
or
Media Relations – Global:
W. Travis Jacobsen, +1 972-443-3750
william.jacobsen@celanese.com
or
Media Relations Asia (Shanghai):
Helen Zhang, +86 21 3861 9279
lan.zhang@celanese.com
or
Media Relations Europe (Germany):
Jens Kurth, +49(0)69 45009 1574
j.kurth@celanese.com