Celanese To Expand Northern Kentucky Facility To Support Global Customer Growth
Celanese Corporation (NYSE: CE), a global technology and specialty
materials company, today announced via a groundbreaking ceremony here
that it will expand its manufacturing capabilities at its Florence,
Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced via a groundbreaking ceremony here that it will expand its manufacturing capabilities at its Florence, Kentucky, facility to add compounding process lines to support the continued customer demand for its advanced engineered materials products. The new compounding unit is expected to be operational in the first quarter of 2015. “Our manufacturing facility in northern Kentucky is a center for innovation that drives research and development and the advancement of high performance engineered materials,” said Phil McDivitt, vice president and general manager of the Celanese engineered materials business. “In addition to critical design and engineering support, we provide our customers with technical expertise throughout the product development cycle. This expansion and investment in new prototyping and full-scale production lines will help us better serve our customers around the world, align our manufacturing capability and improve operational efficiency.” Adding compounding lines to the existing Celanese manufacturing site is part of the company’s strategy to serve customers globally where there is a healthy growth potential, especially in automotive and transportation, electrical and electronics, consumer goods, and medical and pharma applications. The Celanese Florence facility employs approximately 350 employees and is home to the company’s research and development center, a state-of-the-art facility which includes technology and innovation laboratories and scientists for the engineered materials, emulsion polymers, cellulose derivatives and EVA polymers businesses. This joint technology facility helps drive innovation and technical solutions for Celanese customers worldwide. About CelaneseCelanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of $6.5 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.All trademarks indicated above are owned by Celanese International Corporation or its affiliates.Forward-Looking StatementsThis release may contain “forward-looking statements,” which include information concerning the company's plans, products, objectives, goals, strategies, future revenues or performance, capital expenditures, and other information that is not historical information. When used in this release, the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “may,” “can,” “could,” “might,” “will” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. 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