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4-Traders Homepage  >  Equities  >  Nyse  >  Celanese Corporation    CE

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Celanese : Announces Product Price Increases

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09/14/2017 | 12:01am CEST

Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following products. The price increases below will be effective immediately, or as contracts otherwise allow, and are incremental to any previously announced increases.

           

Product

   

North and South
America
(USD/lb)

   

China
(RMB/MT)

   

Asia outside China
(USD/MT)

Vinyl Acetate Monomer (VAM)     -     ¥500     $100
PP-based short- and long-fiber thermoplastics     $0.11     -     -
 

Customers should contact their Celanese sales representative for more details.

About Celanese

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Our two complementary business cores, Acetyl Chain and Materials Solutions, use the full breadth of Celanese's global chemistry, technology and business expertise to create value for our customers and the corporation. As we partner with our customers to solve their most critical business needs, we strive to make a positive impact on our communities and the world through The Celanese Foundation. Based in Dallas, Celanese currently employs approximately 7,500 employees worldwide and had 2016 net sales of $5.4 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.

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


© Business Wire 2017
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Financials ($)
Sales 2017 5 906 M
EBIT 2017 1 235 M
Net income 2017 959 M
Debt 2017 2 363 M
Yield 2017 1,59%
P/E ratio 2017 15,21
P/E ratio 2018 13,09
EV / Sales 2017 2,82x
EV / Sales 2018 2,58x
Capitalization 14 290 M
Chart CELANESE CORPORATION
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Celanese Corporation Technical Analysis Chart | CE | US1508701034 | 4-Traders
Technical analysis trends CELANESE CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 105 $
Spread / Average Target 0,78%
EPS Revisions
Managers
NameTitle
Mark C. Rohr Chairman, President & Chief Executive Officer
Scott McDougald Sutton Chief Operating Officer
Christopher W. Jensen Chief Financial Officer & Senior Vice President
Verghese Thomas Chief Technology & Innovation Officer
David F. Hoffmeister Independent Non-Management Class II Director
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