22DALLAS (May 12, 2010) -- Celanese Corporation (NYSE: CE), a leading, global chemical company and global leader in emulsion
polymers, announced today that it will increase the price of all vinyl based emulsions sold to Europe,
Africa and the Middle East by €80/tonne, effective June 1, 2010, or as contracts allow.
This
price increase includes all PVAc homopolymers, vinyl acetate copolymers and vinyl acetate ethylene (VAE)
emulsions and includes, but is not limited to, the following applications: adhesives, paints and coatings,
nonwovens, glass fiber and textiles.
Customers should contact their Celanese
sales representative for more details.
About
Celanese
Celanese Corporation is a global technology
leader in the production of specialty materials and chemical products which are used in most major industries
and consumer applications. Our products, essential to everyday living, are manufactured in North America,
Europe and Asia. Known for operational excellence, sustainability and premier safety performance, Celanese
delivers value to customers around the globe with best-in-class technologies. Based in Dallas, Texas,
the company employs approximately 7,400 employees worldwide and had 2009 net sales of $5.1 billion,
with approximately 73% generated outside of North America. For more information about Celanese Corporation
and its global product offerings, visit www.celanese.com.
About
the Emulsion Polymers Business of Celanese
The
Emulsion Polymers business of Celanese is a global leader in developing products and application 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 manufacturing facilities worldwide and is supported by expert technical service regionally. More information about the Emulsions Polymers business of Celanese is available at www.celanese-emulsions.com.
Forward-Looking
Statements
This release may contain “forward-looking statements,”
which include information concerning the company’s plans, objectives, goals, strategies, future revenues
or performance, capital expenditures, financing needs and other information that is not historical information.
When used in this release, the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,”
“projects,” “plans,” “intends,” “believes,” and variations of such words or similar expressions are
intended to identify forward-looking statements. All forward-looking statements are based upon
current expectations and beliefs and various assumptions. There can be no assurance that the company
will realize these expectations or that these beliefs will prove correct. There are a number of
risks and uncertainties that could cause actual results to differ materially from the forward-looking
statements contained in this release. Numerous factors, many of which are beyond the company’s control,
could cause actual results to differ materially from those expressed as forward-looking statements.
Other risk factors include those that are discussed in the company’s filings with the U.S. Securities
and Exchange Commission. Any forward-looking statement speaks only as of the date on which it
is made, and the company undertakes no obligation to update any forward-looking statements to reflect
events or circumstances after the date on which it is made or to reflect the occurrence of anticipated
or unanticipated events or circumstances.
# # #