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Celanese Chemicals Announces Price Increases on CelvolR Polyvinyl Alcohols November 03, 2005
DALLAS -- Celanese Chemicals announced that it will increase the price for all Celvol?polyvinyl alcohol grades by 10 percent per dry pound, globally. Reasons cited for the increase are the persistent rise in raw materials, energy and logistics costs. These changes will take effect on December 1, 2005, subject to existing contract conditions.
About Celanese
Celanese Corporation (NYSE:CE), an integrated global producer of value-added industrial chemicals based in Dallas, Texas. The Company has four major businesses: Chemicals Products, Technical Polymers Ticona, Acetate Products and Performance Products. Celanese has production plants in 13 countries within North America, Europe and Asia.
In 2004, Celanese Corporation and its predecessor had combined net sales of $5.1 billion. The presentation of combined net sales of Celanese Corporation with its predecessor is not in accordance with U.S. GAAP.
Source: Celanese Corporation
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