Celanese will expand its polyoxymethylene producti

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Celanese will expand its polyoxymethylene production base in Asia Dallas, october23,2013 - Celanese (CE), the world's leading chemical technology and special materials company, recently announced that its Polyoxymethylene (POM) production base in Asia will be greatly expanded to meet the needs of Asian customers

Celanese will expand its polyoxymethylene production base in Asia

as part of its development strategy, Celanese recently announced that it will continue to invest in and expand its joint venture agreements with Malaysia's Polyplastics, South Korea's Korean engineering plastics (kep) and Saudi Arabia's SABIC. These agreements will promote Celanese to customize the main POM products for Asian customers. The details are as follows:

the joint venture Baoli will establish Celanese POM production base in Kuantan, Pahang, Pahang, Pahang, Pahang, Malaysia. The agreement will greatly increase the supply of Celanese polyoxymethylene in Asia. It is expected that the plant construction will be completed in december2013 and can be put into production in early 2014

the joint venture Korean engineering plastics will expand the content of the agreement, and the plant in Ulsan, Korea will supply polyoxymethylene POM to Celanese. The agreement with kep will greatly increase the supply of Celanese polyoxymethylene in Asia and is expected to be put into production in the fourth quarter of 2013

Celanese also announced that significant progress has been made in the construction of a joint venture polyoxymethylene plant in Saudi Arabia with an affiliated enterprise (Ibn Sina). Recently, Celanese also signed an engineering, procurement and construction (EPC) contract with dragados industrial of Spain

"the expansion of the above joint venture agreement reflects the efforts made by Celanese to meet the growing needs of Asian customers in Table 1." Phil MC divitt, vice president and general manager of engineering materials business of Celanese, said: "we hope to further improve Celanese's position in the Asian market as a direct producer, distributor and marketer of CO formaldehyde materials through these joint venture agreements. These development strategies will enable Celanese to give full play to its advantages in Chemistry, technology and product expertise and create value for our customers."

"the cooperation with Polyplastics, kep and Ibn Sina is an important part of Celanese's development strategy. It will ensure that Celanese will provide customers in all regions of the world with high-quality and diversified copolyformaldehyde products within the best delivery time. We will also continue to promote business development, application development and improvement of technical resources in Asia." Isaac Khalil, global business director of celcon/hostaformpom product line of Celanese engineering materials business department, concluded: "we believe that the improvement of production capacity and the enrichment of resources will promote the rapid development of Celanese Asian customers in important transportation, consumer goods and industrial fields."

about Celanese

Celanese company (NYSE Code: CE) is a global technology leader in the production of chemical special materials and a leading provider of differentiated chemical solutions. Our products are widely used in industrial and consumer goods. Celanese has spent a lot of money on developing new copper alloy materials with its extensive chemistry, technology and business to create value for customers and the company itself. Its sales in North America, Europe and Asia account for almost 1/3 of the company's total. Celanese not only cooperates with customers to meet their urgent needs, but also strives to spread a positive impact on the unstable friction force in the community and the world. Headquartered in Dallas, Texas, USA, the company currently has about 7600 employees worldwide. In 2012, the net sales revenue reached US $6.4 billion

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