Celanese Encourages ‘Revolution over Evolution’ in Keynote at Auto Engineering Plastics Conference

Wed, April 29 2015

Celanese to exhibit thermoplastics that lower weight, costs at SPE AutoEPCON

DALLAS & TROY, Mich.--(BUSINESS WIRE)-- The global automotive manager for Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will address attendees at the Society of Plastics Engineers Automotive Engineering Plastics Conference (SPE AutoEPCON) on the topic of “Innovation in the Automotive Value Chain for Cost and Weight Savings.” AutoEPCON takes place on May 5 in Troy, Michigan, and features the newest thermoplastic and thermoset engineering plastics for the automotive industry.

In the keynote address, Jeff Helms, global automotive manager for Celanese, will push the industry to apply innovation for revolutionary technology change rather than the traditional evolutionary model. In spite of the automotive ecosystem’s complexity, partnerships focused on developing the right technology will accelerate development cycles and foster collaboration throughout the automotive value chain. Celanese will share how it uses this model to deliver cost and weight savings and how it has overcome perceived technology development risk.

Celanese is also the premier sponsor, an exhibitor, and will present at two sessions during the day-long technical conference at the Detroit Marriott in Troy:

• 9:35 a.m. Track 1 - Materials
  “Hostaform® SlideX™ the New Tribological Grade of Hostaform POM for Challenging Sliding Conditions” by Leslie Rubcich, platform development manager, Celanese.
• 12:30 p.m. Lunch Keynote
  “Innovation in the Auto Value Chain for Cost and Weight Savings” by Jeff Helms, global automotive manager, Celanese.

Celanese studies of the tribological behavior of various thermoplastics show that engineering polymers are ideal for use in automobiles because they are light weight, resistant to wear, have low friction coefficients and allow for dimensional accuracy through precision molding.

Automotive manufacturers use cost-effective Celanese polymers to develop innovative, tailor-made products and solutions that help make vehicles lighter, more fuel efficient and safer. Examples include ignition systems, highly stressed structural components including instrument panels, head restraints, pedal systems and fuel systems.

Visit the Celanese exhibit at SPE AutoEPCON to see innovative specialty material applications in automobiles. For more information, visit the Automotive and Transportation section of the Celanese website to see how engineered materials help automotive original equipment manufacturers and tier suppliers improve quality while reducing weight and lowering production costs.

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. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,500 employees worldwide and had 2014 net sales of $6.8 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

This release may contain “forward-looking statements,” which include information concerning the company's plans, products, objectives, goals, strategies, future revenues or performance, capital expenditures, and other information that is not historical information. When used in this release, the words “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “may,” “can,” “could,” “would,” “might,” “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. There can be no assurance that the company or its customers will realize these benefits 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 results expressed or implied in the forward-looking statements contained in this release. These risks and uncertainties include, among other things: changes in general economic, business, political and regulatory conditions; changes in the price and availability of raw materials; the introduction of competing products by other companies; market acceptance of our products; changes in the degree of intellectual property and other legal protection afforded to our products and processes; the impact of technological developments and competition; adoption of new or different industry or regulatory standards; unanticipated operational or commercial difficulties, including failure of facilities or processes or products to be designed or constructed, or to operate, in accordance with specifications or expectations; the ability to achieve and maintain plant utilization; ability of third parties, including our commercial partners, suppliers or others, to comply with their commitments to us; increased costs under existing or future environmental regulations, including those relating to climate change; potential liability resulting from pending or future litigation, or from changes in the laws, regulations or policies of governments or other governmental activities in the countries in which we operate; and various other factors discussed from time to time 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.

Celanese
Investor Relations:
Jon Puckett, +1 972-443-4965
jon.puckett@celanese.com
or
Media Relations – Global:
W. Travis Jacobsen, +1 972-443-3750
william.jacobsen@celanese.com
or
Media Relations Asia (Shanghai):
Xinya Tao, +86 21 2032 7118
Xinya.tao@celanese.com
or
Media Relations Europe (Germany):
Jens Kurth, +49(0)69 45009 1574
j.kurth@celanese.com

Source: Celanese Corporation