Celanese to Raise Prices on Polyvinyl Alcohol.DALLAS -- Celanese Chemicals, a global leader in the manufacture and marketing of polyvinyl alcohol polyvinyl alcohol, n a complex alcohol that is soluble in water and is used as an emulsifier and adhe-sive. (PVOH PVOH Polyvinyl Alcohol ), announced today that it will increase the price of all Celvol, Celvol E and Celvol SP grades of PVOH 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. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe and Asia by 7 percent. The increase will be effective Oct. 1, 2006, or as contracts allow. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Scott Neuheardt, PVOH Commercial Director, the price increase is due in significant part to continuing and sustained increases in energy and raw material costs. "Celanese is committed to our customers and the markets they serve. We will continue to support them with the highest caliber products and technical expertise," Neuheardt said. About the Emulsions & PVOH 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 relentless 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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