Celanese's complex, located at the Nanjing Chemical Industrial Park, brings world-class scale to one site for the production of acetic acid, vinyl acetate monomer, acetic anhydride, emulsions, Celstran long fiber-reinforced thermoplastic (LFRT) and GUR ultra-high molecular weight polyethylene (UHMW-PE).
“The chemical complex in Nanjing, our largest integrated chemical complex in the world, underscores our long-term commitment to investing in the Asia market and China in particular,” said David Weidman, chairman and CEO.
“China is a very important market for Celanese. It is a key link in our global business strategy and a significant contributor to our growth and development. Over the next several years, we expect to derive about 30 percent of revenue and 50 percent of total company profitability from Asia.”
The Nanjing complex will further enhance Celanese's capabilities to better meet the growing needs of its customers in a number of industries across Asia. The acetic acid facility has been running at full production rates since June 2007 and production of vinyl acetate emulsions is set to commence in October. Operations for the four other plants will begin throughout 2008.
marketing@alchempro.com
