{"id":464636,"date":"2021-03-24T16:43:20","date_gmt":"2021-03-24T20:43:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464636"},"modified":"2021-03-24T16:43:20","modified_gmt":"2021-03-24T20:43:20","slug":"celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\/","title":{"rendered":"Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio<\/b><\/p>\n<p class=\"bwalignc\"><i>VAM and acetic anhydride expansions at Nanjing site to support demand growth; VAE expansions at Frankfurt and Nanjing sites; and RDP expansions in Europe all point to growing vinyls program<\/i><\/p>\n<p>DALLAS, FRANKFURT &amp; SHANGHAI&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCelanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces further investments to strengthen its commitment to being the world\u2019s foremost emulsion polymers and vinyl acetate producer through facility expansions, new unit builds and key debottlenecking projects in Europe and Asia. Today\u2019s announced expansion plans, highlighted below, point to a growing and robust vinyls portfolio for the company\u2019s Acetyl Chain and derivatives.\n<\/p>\n<p><b>Nanjing, China Expansions: VAM and Acetic Anhydride<\/b><\/p>\n<p>\nSolidifying its global vinyl acetate monomer (VAM) capabilities, Celanese is initiating a capital-efficient expansion of its VAM production unit at the company\u2019s world-class chemical industrial park in Nanjing, China. This expansion will support the continued growth of its global acetyls business and serve the needs of customers in the Asia region and globally.\n<\/p>\n<p>\nCelanese is expected to initially increase the annual VAM production capacity at its Nanjing facility by 50,000KT to 60,000KT, with a phased approach of up to 90,000KT total of additional annual production capacity expected. The expanded VAM production capacity at the Nanjing facility is made possible via a novel, next-generation proprietary Celanese catalyst and advanced technology package that, when complete, is expected to increase the annual VAM nameplate capacity at the Nanjing facility from approximately 300,000KT to nearly 400,000KT.\n<\/p>\n<p>\nCelanese is also planning for a capital efficient 10KT per year expansion of acetic anhydride production at its Nanjing facility, bringing the anhydride nameplate capacity at the site to approximately 130KT by 2022, allowing Celanese to support demand growth.\n<\/p>\n<p>\n\u201cCelanese is the global leader by volume in the production of vinyl acetate monomer. Based on our capital cost and the efficiency of production, we believe we have the most advanced manufacturing and technical capabilities of any producer,\u201d said Florian Kohl, Vice President of Celanese\u2019s Global Vinyl Chain businesses. \u201cCelanese is best positioned for growth in the VAM market due to the company\u2019s modern asset base as well as its flexible, cost-advantaged expansion options, combined with the ultra-low capital required of a project of this size and scope.\u201d\n<\/p>\n<p><b>Frankfurt, Germany and Nanjing, China Expansions: Vinyl Acetate Ethylene Emulsions <\/b><\/p>\n<p>\nCelanese is also announcing today that it plans to continue its VAE growth at the company\u2019s Nanjing and Frankfurt facilities through the construction of two new VAE reactors, with an increase of approximately 65KT of annual capacity at the Nanjing site by 2023, and an increase of approximately 45KT of annual capacity at the Frankfurt site, also by 2023.\n<\/p>\n<p>\nToday\u2019s announcement builds upon the company\u2019s global vinyls expansion program, initiated in January 2020 to expand the emulsion polymers business in the Europe and Asia regions, which will extend the value of its global Acetyls business. Celanese is pleased to report that it is progressing well with these previously announced investment projects (in Frankfurt, Germany and Nanjing, China), which will further strengthen the company\u2019s emulsion polymers and VAE leadership positions.\n<\/p>\n<p><b>European Site Debottlenecking: Redispersible Polymer Powders (RDP) <\/b><\/p>\n<p>\nWith the April 2020 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.celanese.com%2Fnews-media%2F2020%2FApril%2Fcelanese-completes-acquisition-of-elotex&amp;esheet=52401105&amp;newsitemid=20210324005877&amp;lan=en-US&amp;anchor=acquisition&amp;index=1&amp;md5=ea2cc249a49c594f4e6ef921e3ec7374\">acquisition<\/a> of the Elotex business, Celanese further strengthened its derivative expansion program by adding a global redispersible polymer powders product line to help drive growth of VAE emulsions.\n<\/p>\n<p>\nCelanese today is also announcing plans to expand its redispersible polymer powders growth through debottlenecking efforts currently underway at the company\u2019s European powders facilities, resulting in an increase of approximate 20KT of annual capacity by 2023.\n<\/p>\n<p>\n\u201cAs a world leader in the acetyls and derivatives space, Celanese has an exceptional, globally integrated production, distribution and sales network to maximize the Acetyl chain\u2019s downstream optionality and capture growth in key regions and end uses,\u201d concluded Kohl. \u201cBuilding on a commitment to our global customers, Celanese is making key investments in VAM, VAE and RDP facility expansions, as well as expanding on our \u2018green technology\u2019 product development, to deliver on their global growth demands.\u201d\n<\/p>\n<p>\nEach of these planned expansions are subject to regulatory approvals in their respective countries of operation, and financial details of each project are not being disclosed at this time.\n<\/p>\n<p><b><i>About Celanese<\/i><\/b><\/p>\n<p><i>Celanese Corporation is a global chemical 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&#8217;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 2020 net sales of $5.7 billion. For more information about Celanese Corporation and its product offerings, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.celanese.com&amp;esheet=52401105&amp;newsitemid=20210324005877&amp;lan=en-US&amp;anchor=www.celanese.com&amp;index=2&amp;md5=9bcfb329816f14d85d76fde6610adea8\">www.celanese.com<\/a> or our blog at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.celaneseblog.com&amp;esheet=52401105&amp;newsitemid=20210324005877&amp;lan=en-US&amp;anchor=www.celaneseblog.com&amp;index=3&amp;md5=3d07e3db7a2b58cd478c7aec60b7c661\">www.celaneseblog.com<\/a><\/i>.\n<\/p>\n<p><b><i>Celanese VAM and VAE Global Leadership Positions<\/i><\/b><\/p>\n<p><i>Celanese is the largest global producer of ethylene-based VAM by volume and is advancing the use of green technology in the production of polymer emulsions of various types. VAM is the key raw material used in the production of polyvinyl acetate (PVAc), vinyl acetate ethylene (VAE) emulsions and polyvinyl alcohol (PVOH), a precursor to PvB films. VAM is also used to make ethylene vinyl alcohol (EVOH) resins and ethylene vinyl acetate (EVA) copolymers. In addition, VAM is an intermediate used to produce paints and coatings, adhesives, textile finishes, water-soluble films and fibers, and laminated safety glass. VAM can be polymerized in mass, solution, suspension or emulsion.<\/i><\/p>\n<p><b><i>Forward-Looking Statements: <\/i><\/b><i>This release may contain \u201cforward-looking statements,\u201d which include information concerning the company\u2019s 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 \u201coutlook,\u201d \u201cforecast,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cbelieves,\u201d 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, many of which are beyond the Company\u2019s control, that could cause actual results to differ materially from the forward-looking statements contained in this release. Risk factors include those that are discussed in the Company\u2019s 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.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210324005877r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210324005877\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210324005877\/en\/<\/a><\/span><\/p>\n<p><b>Celanese Contacts: <\/b><\/p>\n<p><b>I<\/b><b>nvestor Relations<br \/>\n<\/b><br \/>Brandon Ayache<br \/>\n<br \/>+1 972 443 8509<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:brandon.ayache@celanese.com\">brandon.ayache@celanese.com <\/a><\/p>\n<p><b>Media Relations \u2013 Global<br \/>\n<\/b><br \/>W. Travis Jacobsen<br \/>\n<br \/>+1 972 443 3750<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:william.jacobsen@celanese.com\">william.jacobsen@celanese.com<\/a><\/p>\n<p><b>Media Relations Europe (Germany)<br \/>\n<\/b><br \/>Petra Czugler<br \/>\n<br \/>+49 69 45009 1206<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:petra.czugler@celanese.com\">petra.czugler@celanese.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> China United States North America Asia Pacific Europe Germany Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Chemicals\/Plastics Other Manufacturing Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210324005877\/en\/385443\/3\/Celanese-tag_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio VAM and acetic anhydride expansions at Nanjing site to support demand growth; VAE expansions at Frankfurt and Nanjing sites; and RDP expansions in Europe all point to growing vinyls program DALLAS, FRANKFURT &amp; SHANGHAI&#8211;(BUSINESS WIRE)&#8211; Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces further investments to strengthen its commitment to being the world\u2019s foremost emulsion polymers and vinyl acetate producer through facility expansions, new unit builds and key debottlenecking projects in Europe and Asia. Today\u2019s announced expansion plans, highlighted below, point to a growing and robust vinyls portfolio for the company\u2019s Acetyl Chain and derivatives. Nanjing, China Expansions: VAM and Acetic Anhydride &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464636","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio VAM and acetic anhydride expansions at Nanjing site to support demand growth; VAE expansions at Frankfurt and Nanjing sites; and RDP expansions in Europe all point to growing vinyls program DALLAS, FRANKFURT &amp; SHANGHAI&#8211;(BUSINESS WIRE)&#8211; Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces further investments to strengthen its commitment to being the world\u2019s foremost emulsion polymers and vinyl acetate producer through facility expansions, new unit builds and key debottlenecking projects in Europe and Asia. Today\u2019s announced expansion plans, highlighted below, point to a growing and robust vinyls portfolio for the company\u2019s Acetyl Chain and derivatives. Nanjing, China Expansions: VAM and Acetic Anhydride &hellip; Continue reading &quot;Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-24T20:43:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210324005877r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio\",\"datePublished\":\"2021-03-24T20:43:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\\\/\"},\"wordCount\":1212,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210324005877r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/celanese-to-expand-acetyl-chain-capacities-to-strengthen-high-value-downstream-vinyls-portfolio\\\/\",\"name\":\"Celanese to Expand Acetyl Chain Capacities to Strengthen High Value, Downstream Vinyls Portfolio - 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Today\u2019s announced expansion plans, highlighted below, point to a growing and robust vinyls portfolio for the company\u2019s Acetyl Chain and derivatives. 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