Celanese to Grow Asia Emulsion Portfolio with Celvolit® 149HV

Wed, March 9 2016

Leveraging Celanese’s emulsion technology for adhesive applications in Asia

DALLAS & SHANGHAI--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced its Nanjing, China plant has expanded its VAE (vinyl acetate/ethylene) emulsions product portfolio with the addition of Celvolit® 149HV using technical reinforcement developed by the Celanese Shanghai Commercial & Technology Center. The product has been available and ready for sale since January of this year.

“With the addition of newly developed Celvolit® 149HV, Celanese leverages its technical capabilities to create differentiated solutions for our customers in Asia, and we are positioned to deliver greater value to our customers in adhesive applications,” said Tom Scheetz, vice president, Vinyl Chain for Celanese.

Celvolit® 149HV, which is available for most general adhesive applications, offers differentiated solutions to customers with a wide variety of features, including:

  • high viscosity responding with plasticizer and toluene;
  • formaldehyde free;
  • excellent heat resistance and adhesion performance.

Celanese is committed to bringing value-added, differentiated technologies to its customers and expanding the use of vinyl based emulsions in a variety of markets. A new Celanese Celvolit® 149HV product offering includes support for applications in general adhesion, EPI wood glue and packaging substrates. Celanese will also continue to develop its Nanjing manufacturer’s technical capability to meet the regional needs of its Celvolit® 149HV product offering.

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

This release may contain “forward-looking statements,” which include information concerning the company’s plans, objectives, goals, strategies, future revenues or performance, 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,” 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 any of 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. 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.

Celanese Corporation
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