European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Chemical

CELANESE ANNOUNCES GUR® CAPACITY EXPANSION PLANS IN EUROPE

by Alex Weber
March 25, 2021
A A
Share on LinkedinShare on Twitter

Growth dynamics from EV sector create momentum in Europe for UHMW-PE production

DALLAS and AMSTERDAM (March 24, 2021) – Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces its intent to expand its GUR® ultra-high molecular weight polyethylene (UHMW-PE) production capacity in Europe.

In addition to the recently announced Bishop, Texas, GUR® expansion of approximately 15KT per year coming online beginning in 2022, Celanese intends to invest in additional capacity for GUR® in Europe. The expansion in Europe is expected to be online beginning in 2024 with an annual nameplate capacity of approximately 34KT. Site selection for this new European facility is underway, and Celanese is considering both existing and greenfield locations for a GUR® production unit.

The addition of a new UHMW-PE production facility in Europe will support the significant growth in the company’s high-value GUR® engineered materials portfolio. With this investment, Celanese will be able to support the double-digit growth for LIBS (Lithium Ion Battery Separators) in the electric vehicle (EV) market. The new facility will also have the option to produce medical grade GUR®.

“EV demand is expected to have a compounded annual growth rate of greater than 25 percent through 2025, resulting in strong demand for Celanese GUR® for LIBS,” said Tom Kelly, Celanese Senior Vice President, Engineered Materials. “We see separator manufacturers and battery producers investing in the European region and looking for local supply. European demand in that sector for UHMWE-PE is forecasted to outperform demand in Asia, and Celanese is well positioned as the world’s premier GUR® manufacturer to support this demand requirement.”

Customers look to Celanese for a reliable supply of GUR® that meets very stringent quality standards, and the recently announced capacity expansions at the company’s Bishop, Texas integrated chemical complex will enable Celanese to continue to support a growing and diverse customer base and respond to the increasing need for specialty materials such as UHMW-PE. Furthermore, the expansion of GUR® capacity completed in June of 2019 at the company’s Nanjing, China, integrated chemical complex, continues to position Celanese as the only truly global producer of UHMWE-PE, giving Celanese the unique ability to work closely with its customers in all regions of the world.

Financial details of this GUR® expansion are not being disclosed at this time. Additional project details will be announced as further developments are available.

Tags: < Invest

Related Industries

Chemical

Industrial gases specialist Messer fully takes over joint venture Messer Industries – long-term strategic partnership agreed with GIC

May 31, 2023
Chemical

BASF partners with BEAUTYSTREAMS to further expand its D’lite digital service for the personal care industry

May 24, 2023
Chemical

Dow to showcase MobilityScience™ solutions at Battery Show Europe 2023

May 23, 2023
Chemical

PPG highlights coatings for battery electric vehicles at The Battery Show in Germany

May 20, 2023
Chemical

Arkema acquires Polytec PT, specialized in adhesives for batteries and electronics

May 18, 2023
Chemical

BASF’s Coatings division appoints heads for global business units

May 17, 2023

Kering unveils new Italian headquarters in the centre of Milan

May 26, 2023

...

Bayer and Bicycle Therapeutics Enter Strategic Collaboration for Development of Novel Targeted Radionuclide Therapies in Oncology

May 11, 2023

...

BASF’s Coatings division appoints heads for global business units

May 17, 2023

...

ENGIE inaugurates the biggest agrovoltaic park in Italy, which will help to power Amazon’s operations

May 27, 2023

...

Arkema acquires Polytec PT, specialized in adhesives for batteries and electronics

May 18, 2023

...

ABB collaborates with Lhyfe and Skyborn on one of Europe’s largest renewable hydrogen projects

May 9, 2023

...

Industrial gases specialist Messer fully takes over joint venture Messer Industries – long-term strategic partnership agreed with GIC

May 31, 2023

...

Hydrogen fuel cell trucks to decarbonise Toyota logistics in Europe

May 10, 2023

...

Sabic And Global Chemical Companies Sign Agreement With Tno For R&D Hub For Plastic Waste Processing

May 12, 2023

...

Working with the European Central Bank on its digital euro prototyping exercise

May 27, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist