MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, has announced plans to expand its redispersible polymer powders growth through debottlenecking efforts currently underway at the company’s European powders facilities, resulting in an increase of approximate 20KT of annual capacity by 2023, as per the company's press release.
With the April 2020 acquisition of the Elotex business, Celanese further strengthened its derivative expansion program by adding a global redispersible polymer powders product line to help drive growth of ethylene-acetate-ethylene (EVA) emulsions.
“As a world leader in the acetyls and derivatives space, Celanese has an exceptional, globally integrated production, distribution and sales network to maximize the Acetyl chain’s downstream optionality and capture growth in key regions and end uses,” concluded Kohl. “Building on a commitment to our global customers, Celanese is making key investments in monomer vinylactate (VAM), EVA and RDP facility expansions, as well as expanding on our ‘green technology’ product development, to deliver on their global growth demands.”
This planned expansions is subject to regulatory approvals of the local authorities, and financial details of this project are not being disclosed at this time.
As MRC reported previously, Celanese Corporation has also announced that it plans to continue its EVA growth at the company’s Nanjing and Frankfurt facilities through the construction of two new EVA reactors.
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