Celanese CorporationNYSE: CE

Celanese Announces LCP Price Increase

· Issued by Celanese Corporation via Business Wire

Summary by 6ix AI

Celanese Corporation, a global specialty materials and chemical company, raised global prices for its liquid crystal polymer (LCP) products, effective immediately or as customer contracts allow.

Key details

  • Celanese says the increases respond to continued demand strength for LCP, higher feedstock and raw material costs, disruptions in key raw material supply chains and ongoing logistics constraints.
  • Vectra E-grades and Thermx: increase of $1.00 per kg in Asia, $0.45 per lb in the Americas and €0.90 per kg in EMEA (Europe, the Middle East and Africa).
  • Vectra A-grades, Vectra S-grades, all other Vectra grades, Zenite, CoolPoly and MT-Grades: increase of $3.50 per kg in Asia, $1.59 per lb in the Americas and €3.15 per kg in EMEA.

What’s still pending

  • Individual grades may be subject to higher increases than the listed amounts.

6ix AI wrote this summary from the release below and checked it against the release.

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced global price increases for liquid crystal polymer (LCP) products.

The adjustment responds to continued demand strength for LCP, increases in feedstock and raw material costs, disruptions in key raw material supply chains and ongoing logistics constraints. Despite ongoing efforts to improve productivity and mitigate costs, these adjustments are necessary to secure critical raw materials and continue delivering product quality, innovation, technical support and reliable supply to customers.

The price increases noted below are effective immediately, or as customer contracts allow:

Base Resin

Brand / Material Type

Price Increase

Asia
($ / kg)

Americas
($ / lb)

EMEA
(€/kg)

LCP/PCT

Vectra® E-grades and Thermx®

1.00

0.45

0.90

Vectra® A-grades, Vectra® S-grades, Vectra® All Other, Zenite®, CoolPoly®, MT®-Grades

3.50

1.59

3.15

Individual grades may be subject to higher increases than those listed above.

For additional information, customers should contact their Celanese representative.

About Celanese

Celanese 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 more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.

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, planned or announced price increases and their timing, and other information that is not historical information. When used in this release, the words “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “will,” “effective,” 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. These factors include those that are discussed in the company’s filings with the 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.

All registered trademarks are owned by Celanese International Corporation or its affiliates.

View original source (Business Wire)Celanese Corporation on 6ix

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