Celanese Corporation has announced plans to debottleneck its polyoxymethylene (POM) production lines in order to meet the growing demand for specialty materials and high-performance polymers. The project is expected to be completed in two phases, with Phase I set to be finished in 2020. This expansion will allow Celanese to maintain its leadership position in the market and provide innovative solutions to its customers.
DALLAS – Celanese Corporation (NYSE: CE), a global specialty materials company, today announced it is in the initial stages of a capital efficient debottlenecking project of its polyoxymethylene (POM) production lines to support the continued growth in its engineered materials business.
“As the global demand for specialty materials continues to grow and the sophistication in functionalized polymers increases, Celanese is partnering with our customers to deliver innovative solutions,” said Scott Sutton, Celanese Chief Operating Officer. “The debottlenecking of Celanese’s POM polymer production lines will support a growing customer base and respond to the increasing complexity in high-performance polymers.”
This additional production of POM will allow Celanese to continue to grow its leadership market position according to the needs of the industry.
Phase I of the debottlenecking project is expected to be completed in 2020, and Phase II of the project will be completed shortly thereafter.