This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Celanese Commercial Technology Center Opens In Pangyo, South Korea

Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced the opening of the new Celanese Commercial Technology Center in the high technology valley of Pangyo, Republic of Korea. The research and development center will support the growth of Celanese customers in South Korea, advance the technical capabilities of the Celanese product portfolio, and ensure the company is growing with its global customer base.

“South Korea is at the forefront of many of today’s global technologies, and some of the world’s most significant innovations are coming from this region,” said Mark Rohr, Celanese chairman and chief executive officer. “For Celanese to best serve our customers – and advance the creation of their products and solutions – we need our research and development team to have a strong presence in South Korea. This center creates a place for our technologists to continue to work directly with our customers and have meaningful interactions that will help Celanese become their first-choice chemistry solution source.”

The center will support the technology and chemistry innovations which serve such industries as electrical and electronics, automotive, consumer products, and information technology, as well as the emerging markets of life sciences, robotics and semiconductors. The team of talented technologists will support Celanese customers in the region who are accelerating global product innovations such as smartphone technology, tablet and computer application systems, information technology devices, electric vehicles and battery storage systems.

The Celanese Commercial Technology Center – Korea is the second research and development facility for Celanese in the Asia region. In 2010, the Celanese Commercial Technology Center – Shanghai was established to support the company’s Asia businesses, customer application development, and research and development resources within China.

“Our customers in South Korea are leading innovators in the technologies of tomorrow,” said Mark Oberle, Celanese senior vice president, Asia. “Our on-the-ground team, supported by our colleagues in the region, will be able to collaborate with our customers to quickly design, develop and launch differentiated, competitive products and fresh solutions that solve their most critical business needs. We have a well-established history in Korea and look forward to a successful future for both our customers and for Celanese.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs