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Celanese raises October VAM prices in Europe, Middle East and Africa

October 28/2019

MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, has increased its October list and off-list selling prices for Vinyl Acetate Monomer (VAM) in Europe, the Middle East and Africa, as per the company's press release.

The price rise below is for orders shipped on or after 24 October, 2019 , or as contracts otherwise allow, and is incremental to any previously announced increases.

Thus, VAM prices rose by EUR70/mt for Europe, the Middle East & Africa.

As MRC reported earlier, Celanese last raised its VAM prices for the stated above regions and Asia on 18 September, 2019, by EUR50/mt.

According to MRC's DataScope report, September EVA imports to Russia fell by 22,7% year on year to 3,420 tonnes from 4,430 tonnes in September 2018, and overall imports of this grade of ethylene copolymer into the Russian Federation decreased in January-September 2019 by 18,2% year on year to 29,190 tonnes (35,690 tonnes in the first nine months of 2018).

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 7,700 employees worldwide and had 2018 net sales of USD7.2 billion.
Author:Margaret Volkova
Tags:Africa, Near East, Europe, vinilacetat, EVA, copolymer, ethylene, Celanese, Russia.
Category:General News
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