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Celanese inks MoU for long-term supply of its ethylene-based VAM to Wanwei

May 20/2020

MOSCOW (MRC) -- Celanese has signed a memorandum of understanding (MoU) for a long-term commercial agreement with Anhui Wanwei Group (Wanwei) for the supply of its green-technology, ethylene-based vinyl acetate monomer (VAM), reported Apic-online.

The VAM will support about 50% of Wanwei's captive product needs in the manufacture of chemicals, fibers and new material in Chaohu, Anhui Province, China.  The company's main product is polyvinyl alcohol.

"As the world's largest producer of vinyl acetate monomer, Celanese is advancing green technologies used in the production of various emulsion polymers that not only meet stringent environmental regulations, but also help our customers meet their sustainability goals and product expectations," noted Florian Kohl, vice president of Celanese's VAM, Emulsion & Redispersible Powders businesses.

As MRC reported earlier, Celanese Corporation has restarted its vinyl acetate monomer (VAM) unit in Singapore. The company has resumed operations at the unit on March 16, 2020. The unit was shut since February 4, 2020 following a fire at the site. Located in Jurong Island, Singapore, the unit has a production capacity of 210,000 mt/year.

VAM is the main feedstock for the production of ethylene-vinyl-acetate (EVA).

According to MRC's DataScope report, February EVA imports to Russia rose by 9,83% year on year to 3,107 tonnes from 2,829 tonnes a year earlier, and overall imports of this grade of ethylene copolymer into the Russian Federation increased in January-February 2020 by 8,36% year on year to 6,194 tonnes (5,716 tonnes a year earlier).

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 7,700 employees worldwide and had 2019 net sales of USD6.3 billion.


mrcplast.com
Author:Margaret Volkova
Tags:vinilacetat, EVA, copolymer, ethylene, Celanese, China, Rossiya, Singapore.
Category:General News
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