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Celanese Chemicals Announces Price Increases on Celvol Polyvinyl Alcohol

Published on 2005-02-01. Author : SpecialChem

DALLAS -- Celanese Chemicals announced that it will increase the price for all Celvol® polyvinyl alcohol grades by 8.5 percent per dry pound, globally. These changes will take effect on February 1, 2005, subject to existing contract conditions.

About Celanese

Celanese Chemicals is a leading global producer of acetyls products and their derivatives, including polyvinyl alcohol and emulsions. It is a key business of Celanese Corporation headquartered in Dallas, Texas. Celanese Corporation is controlled by a group of investment funds, which are advised by The Blackstone Group, a leading global investment firm. Celanese holds worldwide leading positions in its key products and world-class process technology.

The Celanese portfolio consists of four main businesses: Chemical Products, Acetate Products, Technical Polymers Ticona and Performance Products. In 2003, Celanese generated sales of around USD $4.6 billion with about 9,500 employees. Celanese has 24 production plants and six research centers in 10 countries, mainly in North America, Europe and Asia.

Source: Celanese Chemicals


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