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Celanese strengthens polyacetal footprint

Source:ringier Release Date:2013-12-26 189

 

Celanese Corporation is expanding its polyacetal (POM) manufacturing footprint in Asia to support its customers. As part of its growth strategy, Celanese announced continued investment in, and expansion of, its joint venture agreements with Polyplastics in Malaysia, Korea Engineering Plastics (KEP) in Korea, and SABIC in Saudi Arabia. The joint venture partner Polyplastics Asia Pacific Sdn. Bhd will increase Celanese’s manufacturing footprint in Malaysia for POM production at the plant in Kuantan, Pahang. The agreement with Polyplastics will expand the capacity at this facility, with construction to be completed in December 2013, and its operation expected to start in early 2014.  Joint venture partner Korea Engineering Plastics is expanding its agreement with Celanese to provide POM grades at the Kepital POM facility in Ulsan, Korea. The agreement with KEP will expand the capacity at this facility and will be commissioned in the fourth quarter of 2013. Celanese also announced progress in the construction of the POM plant in Saudi Arabia with its affiliate Ibn Sina. Recently, the Engineering, Procurement and Construction (EPC) contract was awarded to Dragados Industrial, S.A. www.celanese.com 

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