DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in VAE emulsions, announced today that due to market conditions, including the global supply unavailability of vinyl acetate monomer, it will increase the price of vinyl acetate-based emulsions sold in the Americas. PVAc homopolymer, vinyl acetate ethylene (VAE) and vinyl acrylic emulsions will increase by up to $0.04 / wet pound effective June 16, 2014, or as contracts allow.
This announcement is in addition to the price increases for the same vinyl-based emulsions which were announced on March 7, 2014 and effective April 1, 2014, and announced on January 10, 2014 and effective on February 1, 2014.
This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, nonwovens, glass fiber, carpet, paper and textiles.
Customers should contact their Celanese sales representative for more details.
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. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of $6.5 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.
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