Celanese‘s recent takeover of one of India’s largest engineering thermoplastics compounders has enabled the firm to possess a 20 kilo tonnes per annum domestic compounding production facility in the country along with quality production lines to support local customers.
The company’s current Pom production unit at the IPH facility in Frankfurt will be expanded to meet the demand of its global engineered materials business. Once completed, the project is expected to be the biggest Pom manufacturing plant across the globe.
Celanese concluded the sale of its atmospheric (vinyl and acrylics) emulsions unit in La Canonja, Spain. The Tarragona-based petrochemical company IQOXE is acquiring the operation The company is specialized in the production of ethylene oxide, glycols and ethylene oxide derivatives. Financial details of the transaction were not disclosed.
The specialty materials company Celanese sees the growing demand for low-VOC (volatile organic compounds) paints in Southeast Asia and will meet this with a new vinyl acetate ethylene (VAE) emulsions production unit.