Celanese Completes Debottlenecking Projects at Global Engineered Materials Facilities
Product capacities increased at company’s POM, PPS, PBT, UHMW-PE
assets
DALLAS, AMSTERDAM & SHANGHAI–(BUSINESS WIRE)–$CE #Celanese–Celanese Corporation (NYSE: CE), a global technology and specialty
materials company, today announced the completion of key debottlenecking
projects and product transfers at its global manufacturing facilities to
support customer demand and project pipeline growth in the company’s
engineered materials business.
“These production debottlenecks, completed in the past 12 months, have
increased output by more than 10 percent at each unit, respectively, and
demonstrate a commitment and focus on meeting the demands of our global
customers for specialty engineered materials,” said Scott Richardson,
senior vice president, Celanese engineered materials business. “Combined
with new production lines – which will be announced early next week – we
are confident in our ability to support the tremendous customer growth
that is coming from our project pipeline,” said Richardson.
Completed Debottlenecking Projects and Product Transfers
In the past 12 months, Celanese has completed debottlenecks or product
transfers of specific polymer production lines at these facilities:
-
GUR® UHMW-PE at the Celanese Bishop, Texas and Nanjing, China
facilities. -
Hostaform® / Celcon® acetal copolymer (POM) at the Celanese Bishop,
Texas facility. -
Hostaform® / Celcon® acetal copolymer (POM) at the Celanese Frankfurt,
Germany chemical complex. -
Fortron® polyphenylene sulphide (PPS) at the joint venture facility in
Wilmington, N.C. -
Expanded a global thermoplastic polyester (PBT) network into Mexico
with the transfer of Celanex® grades into the recently acquired Silao,
Mexico facility.
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 employs
approximately 7,500 employees worldwide and had 2016 net sales of $5.4
billion. For more information about Celanese and our 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. Fortron® is a registered trademark of
Fortron Industries LLC, used by Celanese Corporation under license.
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 and
other information that is not historical information. When used in this
release, the words “outlook,” “forecast,” “estimates,” “expects,”
“anticipates,” “projects,” “plans,” “intends,” “believes,” 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, including
the announced acquisition. There can be no assurance that the company or
its customers will realize these benefits or that these expectations
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, including with respect to the
acquisition. 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. Other risk 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.
Contacts
Celanese Corporation
Investor Relations
Surabhi
Varshney, +1-972-443-3078
[email protected]
or
Media
Relations – Global
W. Travis Jacobsen, +1-972-443-3750
[email protected]
or
Media
Relations Asia (Shanghai)
Helen Zhang, +86 21 3861 9279
[email protected]
or
Media
Relations Europe (Germany)
Jens Kurth, +49(0)69 45009 1574
[email protected]