MOSCOW (MRC) -- Celanese Corporation, a global specialty materials company, has increase May list and off-list selling prices for Vinyl Acetate Monomer (VAM) sold in Europe, the Middle East, Africa and Asia Outside China (AOC), as per the company's press release.
The price increases below were effective for orders shipped on or after 24 April, 2019, or as contracts otherwise allow, and are incremental to any previously announced increases.
Thus, VAM prices rose, as follows:
- by EUR100/mt - for Europe, the Middle East & Africa;
- by USD50/mt - for AOC.
Besides, Celanese increased its prices of emulsion polymers by USD25/mt for AOC and prices of acetic anhydride by EUR30/mt for Europe, the Middle East and Africa.
As MRC reported earlier, Celanese last raised its VAM prices for the stated above regions and for Americas on 20 March, 2019, as follows:
- by EUR100/mt - for Europe, Middle East & Africa;
- by USD0.05/lb - for the USA and Canada;
- by USD110/mt - for Mexico & South America;
- by USD100/mt - for AOC;
- by CNY800/mt - for China.
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 7,600 employees worldwide and had 2017 net sales of USD6.1 billion.
MRC