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Celanese globally raises February prices for engineered materials

January 22/2021

MOSCOW (MRC) -- Celanese (Irving, Texas) says it will raise prices globally for its portfolio of engineered materials due to strengthening product demand and increased transportation, energy, and raw material costs, as per the company's press release.

The price hike will be effective for orders shipped on or after 1 February 2021 or as contracts otherwise allow.

Nylon-6,6, polyphenylene, long-fiber thermoplastics, and amorphous products will be increased in price by USD0.30/kilogram (kg), while GUR - the trade name for its ultra-high-molecular-weight polyethylene (UHMWPE) product - will rise by USD0.25/kg. Nylon-6, polybutylene terephthalate, and polyoxymethylene products will each be increased by USD0.20/kg, with its technical thermoplastic elastomer product to rise by USD0.15/kg.

Individual grades may be subject to higher increases than the rises specified, the company said.

As MRC informed previously, in October, 2020, Celanese (Dallas, Texas) announced plans to add a 15,000-metric tons/year line for the production of GUR ultra-high molecular weight polyethylene (UHMWPE) at its facility in Bishop, Texas. Startup is expected by the beginning of 2022.

According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports.

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 2019 net sales of USD6.3 billion.
Author:Margaret Volkova
Tags:PE, HDPE, elastomer, elastotermoplast, compounding, petrochemistry, poliamid, Celanese, Polyamide PA66, Russia, USA.
Category:General News
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