Celanese to Begin Production at New Singapore VAE Emulsions Unit; Fulfills Demand for Eco-Friendly Materials in Southeast Asia
Wed, September 21 2016
DALLAS & SINGAPORE--(BUSINESS WIRE)--
Continuing the company’s strategy to add production facilities close to
growing demand, Celanese Corporation (NYSE: CE), a global technology and
specialty materials company, today begins production in its newest vinyl
acetate ethylene (VAE) production unit. The unit is located at the
Celanese manufacturing facility on Jurong Island, Singapore, and will
support the growing demand for ecologically friendly materials in the
Southeast Asia region including Australia, India and New Zealand.
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Celanese Senior Vice President and head of Asia operations, Mark Oberle (left) announces the grand opening of the new Singapore VAE (vinyl acetate ethylene) Emulsions Unit for Celanese (Photo: Business Wire)
The Singapore location’s proximity to raw material suppliers offers
excellent transportation logistics and gives Celanese the opportunity to
increase production capacity to supply more high-demand, high-quality
VAE emulsions products in Singapore as well as across Asia, an area
focusing on low-emission products and production.
“Southeast Asia and India are leading the world’s construction demand –
especially for infrastructure projects – which drives the region’s heavy
demand for important materials such as VAE,” said Mark Oberle, Celanese
senior vice president and head of Asia operations. “Over the last two
decades, Celanese has focused on developing our VAE expertise and a
reliable foundation in Singapore so Celanese can be the first-choice,
long-term partner for manufacturers across Asia.”
Celanese VAE technology produces clean, ecologically friendly,
water-based emulsions that the building, construction and paper
industries worldwide use to meet quality, marketing and economic goals.
Manufacturers use VAE to produce environmentally friendly products
including paints, architectural coatings, carpet backings and adhesives
for woodworking and paper packaging as well as apparel and textile
finishing. One of the highest-demand products is Celanese’s EcoVAE®,
an emulsion that can be formulated into low-odor and low-to-near-zero
VOC (volatile organic compounds) interior paints and coatings. EcoVAE®
addresses formulation and regulatory concerns and appeals to
environmentally conscious consumers.
“Singapore has been a great place to do business, and we are committed
to our people and the environment in the communities where we operate,”
said Anna An, commercial director, Acetyl Chain, for Celanese in Asia.
“We will continue to share local formulation and application expertise
to help our customers in Asia deliver high-value, high-quality products
and build on their success.”
The new unit adds a third facility to the company’s VAE investment in
Asia and the fourth production unit within this Singapore plant. The
first Celanese VAE unit began production at the company’s Nanjing, China
integrated chemical complex, and the second unit started producing VAE
emulsions at the same Singapore complex. Celanese announced the
groundbreaking of this new Singapore VAE unit in April 2015.
“Asia, especially Southeast Asia, continues to be a bright spot in the
global economy and will spur increasing demand for environmentally
friendly solutions,” said Mr. Lim Kok Kiang, Assistant Managing
Director, Singapore Economic Development Board. “Celanese’s investment
reaffirms our value as a strategic hub for companies looking to ride on
Asia’s growth, and we look forward to working with Celanese to further
advance their manufacturing capabilities.”
Celanese leads the world in VAE production and sales and is the only
producer of a low-emissions emulsion. Celanese employees use their
expertise in polymerization, process technology manufacturing and
application technology to manufacture these high-performance,
environmentally friendly emulsions in Asia, Europe and North America. To
learn more about Celanese VAE emulsions, please visit celanese.com/emulsion-polymers/Emulsions-Chemistries/Vinyl-aceteethylene-VAE-emulsion-Overview.aspx
and EcoVAE®, visit celanese.com/emulsion-polymers/products/EcoVAE.aspx.
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 7,000 employees worldwide and had 2015 net sales of $5.7
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.
Forward-Looking Statements
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information concerning the company’s plans, objectives, goals,
strategies, future revenues or performance, capital expenditures,
financing needs and other information that is not historical
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Celanese
Investor Relations
Chuck Kyrish,
+1-972-443-4574
chuck.kyrish@celanese.com
or
Media
Relations – Global
W. Travis Jacobsen, +1-972-443-3750
william.jacobsen@celanese.com
or
Media
Relations Asia (Shanghai)
Helen Zhang, +86 21 3861 9279
lan.zhang@celanese.com
or
Media
Relations Europe (Germany)
Jens Kurth, +49(0)69 45009 1574
j.kurth@celanese.com
Source: Celanese Corporation