MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, will increase January list and off-list selling prices for Vinyl Acetate Monomer (VAM) sold in Asia, Europe, the Middle East and Africa, said the producer in its press release.
The price increases below will be effective January 1, 2018, or as contracts otherwise allow, and are incremental to any previously announced increases:
- for Asia outside China - by USD100 per tonne;
- for China - by CNY300 per tonne;
- for Europe - by EUR100 per tonne;
- for Middle East and Africa - by USD100/tonne.
As MRC wrote before, Celanese Corporation increased list and off-list selling VAM prices in Asia. The price increases below was effective as of 13 September, or as contracts otherwise allow, and were incremental to any previously announced increases: CNY500/mt for China and USD100/mt for Asia (outside of China). Earlier, on 6 September, 2017, the same price increase was already implemented by Celanese for the same products and regions.
But, the price increase of CNY300/mt, effective as of 1 October 2017, was also implemented in China.
Besides, Celanese Corporation raised October list and off-list selling prices for VAM and Vinyl Acetate Ethylene (EVA) emulsions sold in Europe. The price increases was effective October 1, 2017, or as contracts otherwise allowed, and were incremental to previously announced increases. The following price rise applied:
- VAM - by EUR200/mt;
- EVA - by EUR90/mt;
- VAM Homopolymers (PVAC) - by EUR90/mt;
- VAM Copolymers - by EUR90/tonne;
- Pure Acrylics - by 120 EUR120/tonne;
- Styrene Acrylics - by EUR90/tonne.
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. Based in Dallas, Celanese employs approximately 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
MRC