Sensex

Thursday, September 30, 2010

**[investwise]** Paint Producers May Raise Price Again As Input Costs Rise

 

Chemical producer Celanese Corp. said Monday that it will increase the price of all emulsions sold globally as of Oct. 1, including a hike of 5 cents per pound on pure 100 percent acrylic emulsions in North, Central and South America.

Celanese ( CEPR - news people ) shares fell $1.55, or 5.1 percent, to $28.96 in after-hours trading, after closing up $1.51, or 5.2 percent, at $30.51 on Monday during the regular session.

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 

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