Celanese Inaugurates World’s Largest POM Manufacturing Plant in Frankfurt, Germany
New plant increases capacity to meet growing global demand for innovative specialty polymers
DALLAS, Texas, and FRANKFURT, Germany – Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in high performance engineering plastics, today announced the opening of its state-of-the art polyoxymethylene (POM) production facility in Frankfurt Hoechst Industrial Park, Germany.
With a nameplate capacity of 140,000 tons per year, Celanese’s new POM plant will be the world’s largest and strengthens the company’s Ticona engineering polymers business, including its global operations and advanced technical capabilities. The new manufacturing facility is expected to meet the increased global demand for innovative specialty solutions in polymer-based products.
“Today is a milestone for Celanese and Ticona as we inaugurate the world’s most technically advanced POM plant,” said Michael Stubblefield, general manager, Ticona. “This plant significantly strengthens our global Ticona business, expands our production capacity, further enhances our proven ability to develop new and innovative solutions for our customers, and will create the basis for Ticona’s long-term growth.”
Participating in today’s inauguration of the new Celanese facility in Frankfurt Hoechst Industrial Park were Prime Minister of Hesse, Mr. Volker Bouffier; Celanese Chairman and Chief Executive Officer, Dave Weidman; and district and regional dignitaries.
Celanese Corporation is a global technology leader in the production of specialty materials and chemical products which are used in most major industries and consumer applications. Our products, essential to everyday living, are manufactured in North America, Europe and Asia. Known for operational excellence, sustainability and premier safety performance, Celanese delivers value to customers around the globe with best-in-class technologies. Based in Dallas, Texas, the company employs approximately 7,250 employees worldwide and had 2010 net sales of $5.9 billion, with approximately 72% generated outside of North America. For more information about Celanese Corporation and its global product offerings, visit www.celanese.com.
Ticona, the engineering polymers business of Celanese Corporation, produces and markets a broad range of high performance products, and posted net sales of $1,109 million in fiscal 2010. Ticona employs more than 1,450 individuals at production, compounding and research facilities in the USA, Germany, Brazil and China. For more information, please visit www.ticona.com or www.ticona.cn (Chinese language).
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