Celanese Corporation Hosts 2012 Technology Day for Investors; Highlights Technology-Enabled and Customer-Focused Growth Strategies
Thu, September 20 2012
"Technology will help drive Celanese's future growth and transformation. Celanese's leading industry positions are based on unique technology platforms throughout our portfolio of businesses. These platforms are focused on developing advantaged cost positions as well as differentiated solutions based on customer needs," Rohr said. "In particular, Celanese's technology platforms allow us to address global trends like resource scarcity, the growing middle class, increased environmental awareness, technology trends, and safety, health and wellness. Our ability to use current and develop new technologies is expected to result in a stronger growth profile with lower earnings volatility and higher returns on capital, ultimately driving increased shareholder value."
At today's conference, Celanese will highlight its AOPlus® Technology and TCX® Technology. AOPlus® Technology provides the company with an unmatched cost advantage in its production of acetic acid and derivatives along with increased product optionality and significant additional growth opportunities. Building on its acetic acid technology platform, TCX® Technology allows Celanese to produce ethanol at the lowest cost compared to alternative liquid fuel technologies. The company will provide an update on the progress of its commercialization efforts in ethanol and showcase the TCX® Technology development unit, which supports the company's continuing technology development in both industrial-grade and fuel ethanol.
The company will also demonstrate how it combines advanced chemistry with engineering and application expertise to develop customer-focused solutions that address global macro trends and access broad opportunities for growth, including:
- The company's expertise in highly engineered polymers which enables automakers to reduce weight and meet increasing fuel efficiency standards and assists technology equipment makers in responding to customer demands for increased mobility and functionality
- Celanese's recently announced CelFXTM matrix technology which creates a matrix structure to support product innovation in filter media
- The company's unique SunsationSM sweetening technology platform which allows beverage makers to respond to health and wellness needs by reducing calories without sacrificing taste
The conference will be available by webcast on www.celanese.com in the investor section. Presentation materials will be available approximately 30 minutes prior to the start of the webcast. A replay of the conference will also be available on www.celanese.com in the investor section following the conference.
About Celanese
Forward-Looking Statements
This release may contain “forward-looking statements,” which include
information concerning the company's plans, objectives, goals,
strategies, capital expenditures, financing needs and other information
that is not historical information. When used in this release,
the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,”
“projects,” “plans,” “intends,” “believes,” “will,” 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 proposed plant construction. There can be no
assurance that the company will realize these expectations or that these
beliefs 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 plant. 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
Investor Relations:
Telefax: +1 972-443-8519
Jon.Puckett@celanese.com
or
Media
Relations:
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972-443-8519
Linda.Beheler@celanese.com
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