MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, has announced that it plans to continue its vinyl-acetate-ethylene (VAE) growth at the company’s Nanjing and Frankfurt facilities through the construction of two new EVA reactors, as per the company's press release.
Thus, the increase of the company's VAE capacities is said to be of approximately 65KT of annual capacity at the Nanjing site by 2023, and of approximately 45KT of annual capacity at the Frankfurt site, also by 2023.
This announcement builds upon the company’s global vinyls expansion program, initiated in January 2020 to expand the emulsion polymers business in the Europe and Asia regions, which will extend the value of its global Acetyls business.
Celanese is pleased to report that it is progressing well with these previously announced investment projects (in Frankfurt, Germany and Nanjing, China), which will further strengthen the company’s emulsion polymers and VAE leadership positions.
As MRC reported earlier, Celanese Corporation has also 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.
VAM is the main feedstock for the production of ethylene-vinyl-acetate (EVA).
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