MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in VAE emulsions, has announced it will increase the price of vinyl acetate-based emulsions sold in Asia, reported the company on its site.
PVAc homopolymer and vinyl acetate ethylene (EVA) emulsions will increase by Yuan 240/tonne for China and USD40/tonne for Asia outside of China effective April 1, 2014, or as contracts allow.
This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, glass fiber, carpet and paper.
As MRC informed before, Celanese Corporation has recently announced an increase in its prices of vinyl acetate-based emulsions sold in the Americas. PVAc homopolymer, EVA and vinyl acrylic emulsions will increase by up to USD0.03/wet pound effective April 1, 2014. Besides, earlier, the company announced that due to market conditions, including the global supply unavailability of vinyl acetate monomer, it would increase the price of Ateva EVA by USD0.06/pound, effective April 1, 2014.
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, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of USD6.5 billion.
MRC