USA: Business Expansion Celanese Begins Global Changes of its Acetic Acid Production Network
By reconfiguring its global production capabilities, Celanese intends to have a more optimised production network with significant productivity gains, improved cost structure and growth.
Texas/USA - Celanese Corporation has announced that it will initiate the reconfiguration of its global acetic acid production network through multiple value creation steps.
Recently, the company also announced its planned acquisition of the carbon monoxide production unit from Linde, located at the company’s Clear Lake, Texas site. This acquisition increases the firm’s available raw material supply, further enhances the company’s integration position and supports unparalleled operational flexibility.
In addition, the company announced that its Clear Lake acetic acid facility will be expanded from 1.3 million tonnes per annum to approximately 2 million tonnes per annum by late 2021. This project delivers unique network rate flexibility, improved cost structure of the global acetic acid product portfolio and a platform easily expandable by an additional 600 kilo tonnes per annum.
The expansion will facilitate productivity options within the company’s global acetic acid network in both Singapore and Nanjing, China leading to approximately 600 kilo tonnes per annum of production rationalisation and limited net change in total system tonnage.
Once completed, these projects will generate approximately 100 million dollars of productivity and efficiency benefits across the platform.