MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, has initiated a capital-efficient expansion of its vinyl acetate monomer (VAM) production unit at the company’s world-class chemical industrial park in Nanjing, China in a move to solidify its global VAM capabilities, as per the company's press release.
This expansion will support the continued growth of its global acetyls business and serve the needs of customers in the Asia region and globally, the company said in its statement.
Celanese is expected to initially increase the annual VAM production capacity at its Nanjing facility by 50,000KT to 60,000KT, with a phased approach of up to 90,000KT total of additional annual production capacity expected.
The expanded VAM production capacity at the Nanjing facility is made possible via a novel, next-generation proprietary Celanese catalyst and advanced technology package that, when complete, is expected to increase the annual VAM nameplate capacity at the Nanjing facility from approximately 300,000KT to nearly 400,000KT.
In addition, Celanese is also planning for a capital efficient 10KT per year expansion of acetic anhydride production at its Nanjing facility, bringing the anhydride nameplate capacity at the site to approximately 130KT by 2022, allowing Celanese to support demand growth.
As MRC reported earlier, in H2 February, 2021, Celanese declared force majeure on its products in the Americas and EMEA region due to the severe winter weather that has heavily curtailed US petrochemicals and refinery production and operations on the US Gulf Coast.
According to MRC's DataScope report, January EVA imports to Russia rose only by 0,07% year on year to 3,084 tonnes from 3,087 tonnes a year earlier, and overall imports of this grade of ethylene copolymer into the Russian Federation dropped in January-December 2020 by 3,41% year on year to 38,170 tonnes (39,520 tonnes in 2019).
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 2020 net sales of USD5.7 billion.
MRC