Celanese, a global leader in the chemicals industry, announced today that it will increase the price of all polyvinyl alcohol (PVOH) grades. This increase applies to all applications in all regions as noted below. The increase will be effective for shipments on or after April 1, 2008, or as contracts allow.
Product Class (based on viscosity, cP) | U.S.A. and Canada | Mexico, Central & South America | Europe | Asia | ||||
| Low viscosity (<10 cP) | $0.10 per pound | $225 per ton | €150 per ton | $225 per ton | ||||
| Medium viscosity (10-30 cP) | $0.15 per pound | $300 per ton | €200 per ton | $300 per ton | ||||
| High viscosity (>30 cP) | $0.20 per pound | $450 per ton | €300 per ton | $450 per ton |
About the Polyvinyl Alcohol Business of Celanese
The Polyvinyl Alcohol business of Celanese is a global leader in the development and application of PVOH technology to improve performance, create value and drive innovation in a broad range of industrial and consumer end-use applications including adhesives, building products, paper, textiles and more. The business has manufacturing, R&D and technical service facilities across North America and Europe. More information about the PVOH business of Celanese is available at www.celvol.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 totaled $6.4 billion in 2007, with approximately 70% 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.
Contacts:
Jeremy Neuhart, 972-443-3750
Fax: 972-443-8519
Jeremy.Neuhart@celanese.com
