Celanese Announces Emulsions Price Increase in North America.DALLAS -- Celanese Chemicals, a global leader in polymer emulsions, announced today that it will increase the price of all PVAc homopolymer, VAE n. 1. See Voe. co-polymer, acrylic and vinyl-acrylic emulsions sold in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. by up to 10 percent. This increase applies to all applications. The increase will be effective for shipments on or after Oct. 1, 2006, or as contracts allow. Pricing will reflect unique technology and delivery requirements The stipulation that requires that an item of materiel must be delivered in the total quantity required by the date required. for each product. The increase is primarily necessitated by sustained increases in raw materials, freight and energy costs. Additionally, a number of raw material suppliers have recently announced force majeure [French, A superior or irresistible power.] An event that is a result of the elements of nature, as opposed to one caused by human behavior. The term force majeure . Customers should contact their Celanese sales representative to learn more about this matter. About the Emulsions & PVOH PVOH Polyvinyl Alcohol Business of Celanese The Emulsions & PVOH business of Celanese is a global leader in the development and application of polymer emulsion and PVOH technology to improve performance, create value and drive innovation in a broad range of industrial and consumer end-use applications including adhesives, coatings, engineered fabrics, glass fibers, paper, textiles and more. The business has 14 manufacturing facilities and seven R&D Centers of Excellence in North America, Europe and Asia. More information about the Emulsions & PVOH business of Celanese is available at www.connectcelanese.com. About Celanese As a global leader in the chemicals industry, Celanese Corporation (NYSE NYSE See: New York Stock Exchange :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 Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight totaled $6.1 billion in 2005, with approximately 60% 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 9,300 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com. |
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