Celanese Announces Price Increase for Vinyl Acetate-based Emulsions in Asia

DALLAS & SHANGHAI--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE) a global technology and specialty materials company and a global leader in VAE emulsions, announced today it will increase the price of vinyl acetate-based emulsions sold in Asia.Polyvinyl acetate (PVAc) homopolymer and vinyl acetate ethylene (VAE) emulsions will increase by 300 RMB/MT in China and $45 USD/MT in the rest of Asia effective January 13, 2014, or as contracts allow.

This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, waterproofing, glass fiber, carpet, and textiles.

Customers should contact their Celanese sales representative for more details.

About Celanese

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. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,600 employees worldwide and had 2012 net sales of $6.4 billion.

Source: Celanese