Celanese announced energy surcharge globally on its polyoxymethylene (POM) products.
The surcharge of €500/mt in Europe, $350/mt in Asia, and $300/mt in Americas will be effective from 25 October.
Juergen Pongratz, Vice President, POM, said “Celanese needs to share the burden of the [energy] price increases with our customers”.
Celanese announced energy surcharge along with other polymer producers.
Since the beginning of October, many polymer producers in markets such as PP, PC, and PMMA noted they were aiming to pass on the recent higher costs of energy.
The spike in energy costs for producers comes at a time of tight availability in many markets. This means producers will most likely succeed in passing on the extra costs.
Celanese Corporation is a global technology and specialty materials company headquartered in Irving, Texas, United States.
Polyoxymethylene (POM), also known as acetal or polyacetal, finds its application in automotive, electrical and electronics, and industrial sectors.