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Celanese Announces Strategic Vinyl Acetate Contract in China
Tuesday, November 03, 2009 8:00 AM


Nov. 3, 2009 (Business Wire) -- Celanese Corporation (NYSE: CE), a leading, global chemical company, today announced a long-term agreement with Jiangxi Jiangwei High-Tech Stock Co., Ltd., to supply Vinyl Acetate Monomer. Jiangwei will cease production of its calcium carbide-based alternative for economic and environmental reasons and instead source Celanese’s Vinyl Acetate Monomer. This agreement reaffirms Celanese’s commitment as a key industry partner in China delivering excellence in product quality, production technology and environmental sustainability.

About Celanese

As a global leader in the chemicals industry, Celanese Corporation makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.8 billion in 2008, with approximately 65% generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,000 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com.

(Source: iStockAnalyst )


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