2008-06-12 23:27:34 -
www.celanese.com - Celanese, a global leader in emulsion polymers, announced today that it will increase the price of all vinyl-based and acrylic-based emulsions sold in Europe by 50 Euro/ton.
Celanese cited continued, rapid increases in raw materials, feedstocks, energy and transportation costs as the primary drivers of this announcement. This increase applies to all applications and will be effective
for shipments on or after July 1, 2008, or as contracts allow.
Customers should contact their Celanese sales representative for more details.
About the Emulsion Polymers Business of Celanese
The Emulsion Polymers business of Celanese is a global leader in developing products and application technology to improve performance, create value and drive innovation in a broad range of industrial and consumer end-use applications including adhesives, coatings, engineered fabrics, glass fibers, paper, textiles and more. The business has manufacturing facilities worldwide and is supported by expert technical service regionally. More information about the Emulsions Polymers business of Celanese is available at www.celanese-emulsions.com.
About Celanese
As a global leader in the chemicals industry, Celanese Corporation (NYSE: CE) makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totalled $6.4 billion in 2007, with over 70 percent generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,400 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com.
Celanese Corporation
Jeremy Neuhart, 972-443-3750