USA: Plant Takeover Celanese Acquires Linde’s Synthesis Gas Production Unit
Acquisition of the 365 kilo tonnes per annum synthesis gas production plant by Celanese is expected to provide increased productivity along with significant growth options in the Gulf region.
Dallas/USA – Celanese Corporation has recently announced the signing of a definitive agreement to acquire a 365 kilo tonnes per annum synthesis gas production unit from Linde. The production unit is located at the Celanese Clear Lake acetyl intermediates manufacturing facility located in Pasadena, Texas.
Acquisition of the syngas unit would provide additional productivity and growth options in the Gulf Coast region. Synthesis gas or syngas, is a mixture of carbon monoxide, carbon dioxide and hydrogen. Syngas can be produced from many sources, including natural gas, coal, biomass, or virtually any hydrocarbon feedstock, by reaction with steam or oxygen. Syngas is a crucial intermediate resource for the production of acetic acid, hydrogen, ammonia, methanol, and synthetic hydrocarbon fuels.
Celanese Corporation and Linde expect to complete the transaction pending customary closing conditions and regulatory approvals. Financial details of the deal are not being disclosed at this time.