MOSCOW (MRC) -- Continuing the company's strategy to add production facilities close to growing demand, Celanese Corporation, a global technology and specialty materials company, has begun production in its newest vinyl acetate ethylene (EVA) production unit, said the producer in its press release.
The unit is located at the Celanese manufacturing facility on Jurong Island, Singapore, and will support the growing demand for ecologically friendly materials in the Southeast Asia region including Australia, India and New Zealand.
The Singapore location's proximity to raw material suppliers offers excellent transportation logistics and gives Celanese the opportunity to increase production capacity to supply more high-demand, high-quality EVA emulsions products in Singapore as well as across Asia, an area focusing on low-emission products and production.
"Southeast Asia and India are leading the world's construction demand - especially for infrastructure projects - which drives the region's heavy demand for important materials such as EVA," said Mark Oberle, Celanese senior vice president and head of Asia operations. "Over the last two decades, Celanese has focused on developing our EVA expertise and a reliable foundation in Singapore so Celanese can be the first-choice, long-term partner for manufacturers across Asia."
Celanese EVA technology produces clean, ecologically friendly, water-based emulsions that the building, construction and paper industries worldwide use to meet quality, marketing and economic goals. Manufacturers use EVA to produce environmentally friendly products including paints, architectural coatings, carpet backings and adhesives for woodworking and paper packaging as well as apparel and textile finishing. One of the highest-demand products is Celanese's EcoVAE, an emulsion that can be formulated into low-odor and low-to-near-zero VOC (volatile organic compounds) interior paints and coatings. EcoVAE addresses formulation and regulatory concerns and appeals to environmentally conscious consumers.
The new unit adds a third facility to the company's EVA investment in Asia and the fourth production unit within this Singapore plant. The first Celanese EVA unit began production at the company's Nanjing, China integrated chemical complex, and the second unit started producing EVA emulsions at the same Singapore complex. Celanese announced the groundbreaking of this new Singapore EVA unit in April 2015.
As MRC informed previously, in September 2016, Celanese Corporation increased list and off-list selling prices for Ateva ethylene-vinyl-acetate (EVA) polymers for North and South America. Thus, prices of the company's EVA polymers rose by USD0.03/lg (USD0.67/kg or USD67/tonne) for the regions stated above.
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. Based in Dallas, Celanese employs approximately 7,000 employees worldwide and had 2015 net sales of USD5.7 billion.
MRC