Celanese Completes Debottlenecking Projects at Global Engineered Materials Facilities

Wed, October 11 2017

Product capacities increased at company’s POM, PPS, PBT, UHMW-PE assets

DALLAS, AMSTERDAM & SHANGHAI--(BUSINESS WIRE)-- 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.

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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