Celanese to construct VAE emulsions production unit in Southeast Asia, with product expected to begin production by mid-2016
May 22, 2014
– New production unit will manufacture VAE emulsions for high-end applications
Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in vinyl acetate ethylene (VAE) emulsions, today announced its intent to construct a VAE emulsions production unit in Southeast Asia. The unit is expected to begin production by mid-2016.
“This proposed expansion will support our global and regional growth strategy to expand our reach into the markets of Southeast Asia,” said Mark Murray, vice president and general manager of the Celanese emulsion polymers business. “Building a VAE plant in Southeast Asia would broaden our network to better serve customers throughout the Asia-Pacific region, primarily in the high-end applications of architectural coatings, building and construction, carpets, and paper industries.”
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. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of $6.5 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.
All trademarks indicated above are owned by Celanese International Corporation or its affiliates.
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