Market Overview

Celanese Extends Exclusive Acetyls R&D Technology Agreement with SWRDICI


Celanese Corporation (NYSE:CE), a global specialty materials company,
today announced that it has entered into an agreement with Southwest
Research and Design Institute of Chemical Industry (SWRDICI), a
subsidiary of ChemChina, one of the largest chemical concerns in the
world, to extend their joint research and development in acetyls

The agreement calls for the continued exclusive collaboration between
SWRDICI and Celanese to jointly develop technological advances in the
production of acetic acid and other acetyls products.

"Asia is of critical importance for Celanese, particularly as we pursue
our growth strategy to better meet increasing global customer demand,"
said Todd Elliott, senior vice president, Acetyls. "SWRDICI has been a
traditional supplier of technology to the acetyls industry. This
contract allows Celanese to exclusively access local expertise to meet
customer needs, furthering our capabilities to provide a highly
reliable, cost efficient supply to the global acetyls market and develop
new application opportunities for our products."

"Celanese has a long-standing relationship with SWRDICI dating back to
2008, and as we expand our efforts in China as part of our strategy to
meet global demand, our agreement with SWRDICI continues our acetyl
technology development growth strategy with local partners," concluded


The Southwest Research & Design Institute of Chemical Industry is a
national key laboratory for the utilization of industrial gas emissions.
The laboratory focuses on the purification and utilization of industrial
gas emissions and carries out research on basic technologies used in
application, utilization and engineering development. It is an
industrial gas emissions utilization laboratory with strengths in the
research of gas separation and C1 chemical technologies, combining basic
engineering technology, analysis and testing technology, and catalysis
reaction engineering technology, focusing on carbonyl synthesis.

About Celanese

Celanese Corporation is a global technology leader in the production
of differentiated chemistry solutions and specialty materials used in
most major industries and consumer applications. Our businesses use the
full breadth of Celanese's global chemistry, technology and commercial
expertise to create value for our customers, employees, shareholders and
the corporation. As we partner with our customers to solve their most
critical business needs, we strive to make a positive impact on our
communities and the world through The Celanese Foundation. Based in
Dallas, Celanese employs approximately 7,700
employees worldwide
and had 2017 net sales of $6.1 billion. For more information about
Celanese Corporation and its product offerings, visit
or our blog at

All registered trademarks are owned by Celanese International
Corporation or its affiliates.

Forward-Looking Statements

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