Celanese Announces Engineered Materials Price Increases
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +9.5%
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DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, will increase prices for a range of products. These price increases will be effective on March 1, 2025, or as contracts otherwise allow. Additionally, individual grades may be subject to higher increases than specified below.
|
Brand / Material Type |
Price Increase |
||
Base Resin |
ASIA $ / kg |
AMERICAS $ / lb |
EMEA € / kg |
|
LCP/ PCT |
Vectra®, Zenite® and Thermx® |
0.10 |
0.25 |
0.15 |
LCPA |
Zytel® |
0.45 |
0.20 |
0.40 |
PA 6, 66 |
Zytel®, Frianyl®, Celanyl® and Minlon® PA6 and PA66 products |
|
0.10 |
0.20 |
Zytel®, Frianyl® and Celanyl® halogenated FR products |
0.60 |
0.30 |
0.60 |
|
Zytel® PA66 products in Brazil |
|
0.15 |
|
|
PBT/PET |
Crastin® and Celanex® halogenated FR products |
0.60 |
0.30 |
0.60 |
Rynite® halogenated FR products |
0.30 |
0.15 |
0.30 |
|
TPV |
Santoprene® halogenated FR products |
0.60 |
0.30 |
0.60 |
TPC |
Hytrel® and Bexloy® |
0.20 |
0.10 |
0.2 |
PP |
Celstran® Tecnoprene®, Talcoprene® Polifor®, and Omnipro® |
|
0.10 |
|
PP/PA/PBT etc. |
Celstran® US imports / specialties |
0.20 |
|
0.20 |
About Celanese
Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs approximately 12,200 employees worldwide with 2024 net sales of $10.3 billion.
View source version on businesswire.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250220084722/en/
Celanese Contacts:
Investor Relations
Bill Cunningham
Phone: +1 302 999 6410
[email protected]
Media - U.S.
Jamaison Schuler
Phone: +1 972 443 4400
[email protected]
Media - Europe
Petra Czugler
Phone: +49 69 45009 1206
[email protected]
Source: Celanese Corporation
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