February 25, 2025 – Celanese Announces Global Price Adjustment for Key Products
Global chemical giant Celanese has recently issued a significant announcement, revealing plans to adjust the prices of a range of products sold across Asia, the Americas, Europe, the Middle East, and Africa. This price increase is scheduled to take effect on March 1, 2025, although the exact implementation date may vary based on contractual terms.
The price hike covers a wide array of Celanese’s flagship products, with varying degrees of increase applied to different grades. Notably, some products may see price jumps exceeding the company’s initially announced standards. This decision mirrors the current cost pressures and supply-demand shifts in the global chemical market.
According to AsiaMB’s industry insights, in the Asian market, Celanese’s PA6 and PA66 products are set to face a price uplift of up to USD 0.6 per kilogram (approximately RMB 4,348 per ton). This increase is poised to bring about certain cost pressures for downstream manufacturers, but it may also steer the market towards a greater focus on product performance and quality, thus pushing the industry towards high-quality development.
Celanese’s pricing strategy is undoubtedly set to have a profound impact on the global chemical market. Relevant companies and industry observers need to closely monitor market dynamics and promptly adjust their procurement and production plans to navigate the potential challenges and opportunities ahead.