Celanese Initiates Strategic Expansion of Global Emulsion Polymers
Wed, 29 Jan 2020
Key investments in facility expansions and green technology product development
“As a world leader in the acetyls and derivatives space,
The strategic steps being announced today include implementing a series of capital efficient VAE (vinyl acetate ethylene) expansion and debottlenecking projects from now through the year 2023, including significant expansions of Celanese’s Geleen,
The projects announced today include:
Nanjing, China Emulsions Facility VAE Capacity Expansion Celaneseis starting a debottlenecking project at its Nanjing VAE production facility of 20,000 metric tons per annum by 2022. Celanesewill further expand VAE production capacity at its Nanjingfacility by 65,000 metric tons per annum by adding a third VAE reactor by late 2022, taking the total Nanjing VAE capacity from 130,000 to 215,000 metric tons per annum. These expansion steps support emulsions growth plans in Asiathrough Celanese’s sustainable products and solutions in end uses such as redispersible powders and waterproofing.
Geleen, Netherlands Emulsions Facility VAE Capacity Expansion
Celaneseis implementing a debottlenecking project of its Geleen VAE production unit of 20,000 metric tons per annum by 2021. Celanesewill further expand VAE production capacity at its Geleen facility by 50,000 metric tons per annum with an additional VAE reactor by early 2023, taking the total Geleen VAE capacity from 130,000 to 200,000 metric tons per annum. This expansion will support growth while enhancing operating flexibility within the region.
In addition to the Geleen and Nanjing VAE expansions, further capacity unlocking projects have been evaluated to add an estimated 25,000 metric tons per annum in incremental capacities at other
Financial details of these capital efficient projects are not being disclosed at this time, and expansion plans will be implemented when operationally feasible and pending customary regulatory and permitting approvals.
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. 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. 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
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