Celanese (CE) Set To Increase Prices Of Emulsion Polymers
Zacks Investment Research | Oct 03, 2017 08:32AM ET
Celanese Corporation (NYSE:CE) will hike the list and off-list selling prices of certain products. The price hike will be effective from Oct 1 or as contracts permit.
In the United States and Canada, the company will increase the prices of Vinyl Acetate Ethylene, VAM Homopolymers, VAM Copolymers, Styrene Acrylics and Pure Acrylics by 5 cents/lb. Prices of these products will rise by $110/MT in South America.
Celanese is taking appropriate pricing actions amid a volatile raw material pricing environment. Pricing improvement drove margins in its Acetyl Chain unit in second-quarter 2017.
Celanese has outperformed the Zacks Investment Research
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