Market Overview

Celanese to Increase Global VAM and Acetic Acid Production Through New Capacity and Debottlenecking Projects


Celanese Corporation (NYSE:CE), a global specialty materials company,
today announced acetic acid and vinyl acetate monomer (VAM) capacity
expansions and debottlenecking projects at the company's global
manufacturing facilities.

The projects being announced today include:

  • Clear Lake, Texas VAM capacity expansion: At the company's
    Clear Lake, Texas acetyls manufacturing facility, Celanese is on
    schedule to start up additional 150kT of annual VAM capacity by the
    fourth quarter of 2018. Once this additional production capacity is
    added, the total capacity for VAM at the Clear Lake facility will be
    450kT per annum, making it the largest and most efficient VAM plant in
    the world.
  • Global acetic acid and VAM debottlenecking projects: Across our
    unique, global network of acetyls manufacturing plants, Celanese will
    implement and translate a series of capital efficient technology
    oriented process improvement projects that will add 140kT per annum of
    acetic acid and 150kT per annum of VAM, when required by demand
    growth, through the year 2020. These proprietary debottlenecking
    projects will leverage a new generation of Celanese's AOPlus® acetic
    acid and VAntagePlus® VAM manufacturing technologies.

"Today's announcement exhibits Celanese's leading acetyl technology and
our continued commitment to innovation and productivity within the
acetyl chain. To have the ability to add incremental capacity or
production volumes as industry growth requires, and do it with an
efficient capital outlay, is a hallmark of our industry leadership
position," stated Todd Elliott, senior vice president, Acetyls.

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

This release may contain "forward-looking statements," which include
information concerning the company's plans, objectives, goals,
strategies, future revenues or performance, capital expenditures and
other information that is not historical information. When used in this
release, the words "outlook," "forecast," "estimates," "expects,"
"anticipates," "projects," "plans," "intends," "believes," and
variations of such words or similar expressions are intended to identify
forward-looking statements. All forward-looking statements are based
upon current expectations and beliefs and various assumptions. There can
be no assurance that the company or its customers will realize these
benefits or that these expectations will prove correct. There are a
number of risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements contained in this
release. Numerous factors, many of which are beyond the company's
control, could cause actual results to differ materially from those
expressed as forward-looking statements. Other risk factors include
those that are discussed in the company's filings with the Securities
and Exchange Commission. Any forward-looking statement speaks only as of
the date on which it is made, and the company undertakes no obligation
to update any forward-looking statements to reflect events or
circumstances after the date on which it is made or to reflect the
occurrence of anticipated or unanticipated events or circumstances.

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