DALLAS & AMSTERDAM & SHANGHAI--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announces that it will implement supplemental charges on all engineered materials product shipments effective on all orders received on or after April 1, 2018 for all non-contract business.
The addition of this charge is necessary due to the recent and significant product and logistics cost increases.
This charge will be $100 per metric ton for all product shipments until further notice. The charge is in addition to product price increases.
Celanese Chief Operating Officer Scott Sutton commented: “The tight supply chain and resulting cost increases we are experiencing make this step necessary. We will work closely with all non-contract customers to handle this situation in the best possible manner.”
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 7,600 employees worldwide and had 2017 net sales of $6.1 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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