Speciality Materials Celanese to Throttle Acetate Production in Belgium
Speciality materials company Celanese plans to reduce acetate tow production at its site in Lanaken, Belgium, by 50 percent. The company states that these plans are a reaction to changing markets and declining demand in Europe.
Lanaken/Belgium – “This proposal results from ongoing changes in the global demand for acetate tow products, especially in Europe, which has been declining and further shifting to Asia and developing countries,” said Lou Purvis, vice president and general manager of the Consumer Specialties segment. “Going forward, given the capacity and capability of our global production assets, we are confident in our ability to reliably supply customers in the future from our facilities in Narrows, Virginia; Ocotlan, Mexico; and from the remaining capacity at the Lanaken plant.”
Celanese’s Lanaken plant is located in the Belgian province of Limburg and has a current nameplate capacity of approximately 52,000 tons per year and employs approximately 240 employees. The company's total current global acetate tow capacity tands at 177,000 metric tons.