MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate/ethylene (EVA) emulsions, has announced that it has increase the price of vinyl acetate-based emulsions sold in Asia, as per the company's press release.
EVA emulsions increased by Yuan 200/MT for China and USD25/MT for the rest of Asia effective March 10, 2016, 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 increased its prices of EVA emulsions sold in Asia on 31 October, as follows: EVA emulsions increased by Yuan 260/tonne for China and USD35/tonne for the rest of Asia.
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 7,000 employees worldwide and had 2015 net sales of USD5.7 billion.
MRC