EDMONTON, Canada--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a North American leader in Ethylene Vinyl Acetate (EVA) polymers, announced today that due to strong growth in strategic, high-value segments, the company will expand capacity at its Edmonton manufacturing facility.
Global EVA production increases are fueled by growth in the photovoltaic cell industry in China and strong demand for EVA in other parts of Asia. Furthermore, Celanese’s EVA business continues to create demand for EVA in innovative applications like controlled-release excipients and medical packaging.
The company is expected to increase capacity by up to 15 percent for higher vinyl acetate content EVA grades at the Edmonton facility in the second half of 2011. With Celanese’s unique technology advantage, which allows it to produce a wide range of high value added EVA products, the company is positioned to satisfy the needs of new high-growth applications.
“This capacity expansion supports our strategy of geographic growth and delivering specialty products and solutions to our customers and enhances our ability to support customer growth globally," said Mark Murray, General Manager, Celanese EVA Performance Polymers. “As global EVA demand in multiple end-use applications increases, Celanese is making strategic investments to continue supporting the needs of industrial and consumer manufacturers worldwide.”
Celanese’s facility in Edmonton has been a leading EVA producer for more than 50 years with the newest high pressure EVA resin production technology in North America. The plant’s diverse reactor capabilities and unique footprint allow for a more customized approach to product manufacturing with the flexibility to produce a full range of EVA copolymers, specialty LDPE (low density polyethylene) and compounds for a wide range of end uses.
About Celanese
Celanese Corporation is a global technology leader in the production of specialty materials and chemical products which are used in most major industries and consumer applications. Our products, essential to everyday living, are manufactured in North America, Europe and Asia. Known for operational excellence, sustainability and premier safety performance, Celanese delivers value to customers around the globe with best-in-class technologies. Based in Dallas, Texas, the company employs approximately 7,250 employees worldwide and had 2010 net sales of $5.9 billion, with approximately 72% generated outside of North America. For more information about Celanese Corporation and its global product offerings, visit www.celanese.com.
About Celanese EVA Performance Polymers Inc.
Celanese EVA Performance Polymers, the specialty polymers business of Celanese, is a leading North American manufacturer of a full range of Ethylene Vinyl Acetate copolymers and specialty low density polyethylene polymers resins. Our products, marketed under the Ateva® and Vital Dose® trade names are used in many applications including photovoltaic cells, USP Class VI medical products, flexible packaging, thermal lamination film, hot melt adhesive, and concentrates. The business has manufacturing facilities in Edmonton, Canada, and is supported by expert technical service. More information about Celanese EVA Performance Polymers Inc. is available at www.celanese-EVA.com.
Ateva® is a registered trademark of Celanese EVA Performance Polymers Inc.
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