Celanese (CE) To Increase Price Of Acetaldehyde In Europe
Zacks Investment Research | Jun 07, 2018 10:04PM ET
Celanese Corporation (NYSE:CE) will raise the list and off-list selling prices of Acetaldehyde by €65/MT in Europe. The price hike will be effective immediately or as contracts permit.
The company is taking appropriate pricing actions amid a volatile raw material pricing environment. Celanese’s strategic measures including operational cost savings through productivity actions and pricing initiatives are likely to provide an impetus to its earnings in 2018.
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