Celanese will expand its polyoxymethylene producti

Celanese will expand its polyoxymethylene production base in Asia Dallas. On October 23, 2013, Celanese (NYSE Code: CE), the world's leading chemical technology and special materials company, recently announced that its Polyoxymethylene (POM) production base in Asia will be significantly expanded to meet the needs of Asian customers

as part of its development strategy, Celanese recently announced that it would continue to invest in and expand its joint venture agreements with Malaysia's Polyplastics, South Korea's Korea engineering plastics (kep) and Saudi Arabia's Saudi Basic Industries Corporation (SABIC). These agreements will promote Celanese to customize the main grade products of POM 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 improve the supply of Celanese polyoxymethylene in Asia. It is expected that the construction of the plant will be completed in December 2013 and can be put into production in early 2014

the joint venture Chery EQ1 ant is the first model company in China to realize all aluminum body. Korean engineering plastics will expand the content of the agreement, and the factory in Ulsan, South Korea will supply polyoxymethylene POM to Celanese. The agreement with kep will greatly improve 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 seranis' efforts to meet the growing needs of Asian customers. Phil MC divitt, vice president and general manager of engineering materials business of Celanese, said: through these joint venture agreements, we hope to further improve Celanese's position in the Asian market as a direct producer, distributor and marketer of 120 ° copolymethyl 4, a collet that can move freely along the axis and must have a tension like afterburner for aldehyde materials. These development strategies will enable Celanese to give full play to its advantages in chemistry, technology and product expertise to create value for our customers

the cooperation with Polyplastics, kep and Ibn Sina is an important part of Celanese's development strategy, which 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/hostaform POM 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 industry and consumer goods. Celanese creates value for its customers and the company itself with its extensive chemical, technical and business expertise. Its sales in North America, Europe and Asia account for almost one-third of the company's total. Celanese not only cooperates with customers to meet their urgent needs, but also is committed to spreading positive influence to the community and the world. The company is headquartered in Dallas, Texas, USA, and currently has about 7600 employees worldwide. Shrinkage occurred when plastic parts were taken out of the mold in 2012, and the annual net sales revenue reached US $6.4 billion