MOSCOW (MRC) -- Celanese Corporation), a global technology and specialty materials company, will increase October list and off-list selling prices for Vinyl Acetate Monomer (VAM) and Vinyl Acetate Ethylene (EVA) emulsions sold in Europe, as per the company's press release.
The price increases will be effective October 1, 2017, or as contracts otherwise allow, and are incremental to previously announced increases. The following price rise will apply:
- VAM - by EUR200/mt;
- EVA - by EUR90/mt;
- VAM Homopolymers (PVAC) - by EUR90/mt;
- VAM Copolymers - by EUR90/tonne;
- Pure Acrylics - by 120 EUR120/tonne;
- Styrene Acrylics - by EUR90/tonne.
As MRC wrote earlier, on 6 and 13 September 2017, Celanese increased its prices of VAM emulsions in Asia. Thus, each time the company raised the price of vinyl acetate-based emulsions sold in China by CNY500/mt and in Asia (outside of China) - by USD100/mt.
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 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
MRC