MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate ethylene (VAE) emulsions, has announced an increase in the price of vinyl acetate-based (EVA) emulsions sold in Asia, said the producer in its press release.
EVA emulsions increased by Yuan 260/tonne for China and USD35/tonne for the rest of Asia effective October 31, 2015, or as contracts allow.
This price increase affects all applications including, but not limited to, adhesives, paints and coatings, waterproofing, building and construction, glass fiber, carpet and paper.
This increase is attributed to the continued pressures on raw materials, notably ethylene and vinyl acetate monomer (VAM).
As MRC informed previously, Celanese Corporation last raised the price of EVA emulsions sold in Asia in April 2015. EVA emulsions increased by Yuan 400/tonne for China and USD55/tonne for the rest of Asia effective April 24, 2015.
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 7,500 employees worldwide and had 2014 net sales of USD6.8 billion.
MRC