May 3 2007
Ticona, the engineering polymers business of Celanese Corporation, announced today that it will co-locate a new Celstran® long-fiber reinforced thermoplasic (LFRT) plant at Celanese’s integrated chemical complex in Nanjing, China, scheduled to become operational in early 2008.
This new investment supports the companies’ Asia growth strategies, which also include previously announced plans to construct production facilities for Ticona’s GUR® ultra-high molecular weight polyethylene at the Celanese Nanjing integrated chemical complex in Nanjing, China.
"Asia is a region of impressive growth opportunities for us and our customers,"said Roeland Polet, vice president of Ticona. "Targeted investment in the construction of compounding and production facilities in this region will strengthen our position as a leading global supplier of LFRT. When the new facility is operational in Nanjing, we will have a global production capacity of more than 35,000 tons per year," Polet said.