Celanese Announces Intermediate Chemistry Price Increases

Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following products effective April 1, 2014:
                     
Product North America    

Central and South America
    Europe     Turkey    

Asia Outside China

USA, Canada
    Mexico
      ¢ / Lb    

¢ / Lb

(except asshown below)
    USD/MT    

Euro/MT(except asshown below)
    USD/MT     USD/MT
Acetic Acid 1       4.0 ¢*     4.0 ¢*     $90*     € 50     -     -
Acetic Anhydride       **     **     **     **     **     **
Vinyl Acetate Monomer       4.0 ¢     $150/MT     $150     € 60    

$150
    $150
Butyl Acetate       -     -     -     € 30     -     -
Ethyl Acetate       3.0 ¢     -     -     € 40     -     -
Formaldehyde       1.0 ¢     -     -     -     -     -
Paraformaldehyde       4.0¢     4.0¢     $100     $200     -     $150
 
 

1 The above price increases apply to standard and special grades of acetic acid.
 

*The above price increases are incremental to the previously announced price increases of 1.5¢/Lb and $30/MT for North America and Central and South America, respectively, with an effective date of February 15, 2014.
 

** Please refer to prior announcement from December 2, 2013.
 

Also, effective immediately, Celanese will institute sales control for both Acetic Acid and Vinyl Acetate Monomer in North America, Central and South America, and Europe.

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