Celanese to Expand Polyacetal Production at Frankfurt Facility

Thu, October 18 2018

Expansion will create the world’s largest POM manufacturing plant

DALLAS & FRANKFURT--(BUSINESS WIRE)-- Celanese Corporation (NYSE:CE), a global specialty materials company, today announced a capital efficient debottlenecking project of its polyoxymethylene (POM) production unit at the Industriepark Höchst (IPH) facility in Frankfurt, Germany to support the continued growth of its global engineered materials business.

“Celanese continues to exhibit its leadership position in the manufacture and compounding of highly engineered materials, such as POM, by adding this capacity to support growth in sophisticated, functionalized polymers,” said Scott Sutton, Chief Operating Officer. “We will continue to partner with our customers to deliver innovative solutions to meet ever-increasing customer needs and respond to the changing complexity in high-performance polymers.”

Celanese expects to expand the production capacity of its IPH unit by 20 kilotonnes, making this the world’s largest and most efficient POM plant.

“As we expand our polyacetal capacity and manufacturing capability globally – with production facilities in every region of the world – Celanese continues to demonstrate the expertise needed to efficiently run the world’s largest polymer and chemical facilities,” said Jon Mortimer, Vice President, Global Manufacturing for Celanese. “The debottlenecking of our IPH POM unit further demonstrates not only our ability to respond to global customer demand, but also the knowledge and expertise of our engineering talent that enables these world-class projects and expansions.”

Celanese expects to complete the POM debottlenecking project at the IPH facility in the next 18-24 months. Financial details of the project are not being disclosed at this time.

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 businesses use the full breadth of Celanese's global chemistry, technology and commercial expertise to create value for our customers, employees, shareholders 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 7,700 employees worldwide and had 2017 net sales of $6.1 billion. For more information about Celanese Corporation and its 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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Celanese Corporation
Investor Relations
Surabhi Varshney, +1-972-443-3078
surabhi.varshney@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