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Celanese, Chinese firms sign agreement to commercialize acetic acid-to-acrylic acid technology

June 02/2020

MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, today announced that its subsidiary, Celanese (Nanjing) Chemical Co. Ltd., has recently signed a tri-party agreement with SOUTHWEST INSTITUTE OF CHEMICAL CO., LTD. (SWCHEM), based in Chengdu, China, and YANKUANG LUNAN CHEMICAL CO., LTD. (LUNAN), based in Teng Zhou, China, to build a Pilot Scale-up Unit (PSU) in Teng Zhou, China, to test industrial scale production of acrylic acid using acetic acid as the principal raw material, said Chemweek.

"The successful commercialization of this technology will promote organic growth of the acetic acid industry and LUNAN is proud to be part of this effort."

Celanese and SWCHEM are jointly developing an innovative technology of producing acrylic acid with the process of acetic acid formaldehyde condensation based on Celaneses original proprietary research in this field. Under the terms of the agreement, LUNAN will build an industrial scale pilot plant to finish commercial production trials.

"I am delighted that the collaboration between Celanese and SWCHEM has enabled us to reach such a critical milestone in the development of this new technology to produce acrylic acid from acetic acid. This could create additional demand for acetic acid while also improving the supply options for acrylic acid consumers," said John Fotheringham, Senior Vice President of Celaneses Acetyls business.

"SWCHEM has a longstanding relationship with Celanese dating back to 2008, said Mr. Chen Jiang, President of SWCHEM. This agreement marks the expansion of our cooperation into deeper value chain of the acetyls industry."

"We are excited to be part of a winning team, said Mr. Liu Qiang, President of LUNAN. The successful commercialization of this technology will promote organic growth of the acetic acid industry and LUNAN is proud to be part of this effort."

Financial details of the agreement are not being disclosed at this time.

As MRC informed earlier, Celanese Corporation, a global specialty materials company, has increased May list and off-list selling prices for Vinyl Acetate Monomer (VAM) sold in China. The price increase was effective for orders shipped on or after 22 May, 2020, or as contracts otherwise allow, and is incremental to any previously announced increases. Thus, May VAM prices rose for the Chinese region by RMB350/mt.

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:Anna Larionova
Tags:vinilacetat, EVA, Celanese.
Category:General News
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