Celanese Corporation (NYSE: CE), a global technology and specialty
materials company, today announced it will showcase its innovative
polymer solutions at the annual Industrie Forum June 17-18 in Wolfsburg,
Germany, demonstrating the company’s strong partnership with the
automotive industry, specifically when global OEMs are seeking weight-
and cost-reduction solutions.
Now in its 17th year, the Industrie Forum hosts
partners with the goal of discussing the trends affecting automobile
manufacturers, tier suppliers and customers. The theme of the event, “Future
of the Automotive Industry - Connected Car and Global Networks: Mexico,”
represents the importance of global supply networks with a specific
focus on the role of Mexico in the automotive industry and the potential
for success in information technology through open innovation.
As a featured speaker at this year’s Industrie Forum, Celanese
Vice President and General Manager of Global Sales, Todd Elliott, will
speak on “Strengthening Regional Capabilities for Global Innovation.”
Mr. Elliott’s presentation will focus on meeting the needs of today’s
automotive development cycle by combining a complete range of material
competencies with local design, technical expertise and customer
collaboration across the value chain. In addition, the presentation will
highlight the company’s recent commitment to its Commercial and
Technology Center in Mexico to support customer growth, innovation
and product development in the region.
At the accompanying exhibition, Celanese will highlight solutions for
weight and cost savings, including a showcase of Celanese engineered
materials products Celstran® CFR-TP, Hostaform® POM and CoolPoly® TCP.
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Celanese will present its Celstran® CFR-TP (continuous fiber
reinforced thermoplastic) composite technology together with the ENGEL
Group by demonstrating the ENGEL e-pic robot – a fast “Pick and Place
Robot” for injection molding machines utilizing Celstran® CFR-TP
composite tapes from Celanese that enable a significant reduction in
weight, not only improving the kinematics of the robotic system but
also increasing energy efficiency.
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Another highlight of the Celanese exhibit is a door trim featuring
Hostaform® POM (acetal copolymer) appearance materials for automotive
interiors that offer novel appearance effects without the use of
paint, plating or secondary finishing operations. Not only is Class A
surface appearance realized but also a significant cost savings.
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Celanese will also display its CoolPoly® thermally and electrically
conductive polymers. A recent addition to the company’s engineered
materials portfolio via acquisition in October 2014, CoolPoly®
thermally conductive polymers are characterized by their heat
dissipating properties in automotive LED (light-emitting diode)
lighting applications.
Industrie Forum Wolfsburg
Other speakers at the 2015 Industrie Forum event will include
Pierre Brüdgam, Executive Vice President, Purchasing NAR, VW México; and
Richard Offermann, Industry Head Automotive, Google Deutschland GmbH.
Other speakers at the congress include Oliver Bahns, Director
Automotive, Hewlett-Packard GmbH; and from the Volkswagen Group:
Karlheinz Hell, Executive Director Corporate Purchasing Electric /
Electronic; Dr. Martin Hofmann, Executive Vice President, Group CIO; and
Dr. Volkmar Tanneberger, Head of Division Electric/Electronic
Development.
In 2014, more than 500 participants attended the conference and
accompanying exhibition in the Volkswagen-city Wolfsburg, including
numerous top managers and executives from the Volkswagen Group. The
Institute for Production Management organizes the conference series with
its competency partner Volkswagen AG and the Institute for Procurement
of the Volkswagen Corporation.
For more information about Industrie Forum, please visit https://www.ipm-scm.com/en/industrie-forum/
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. With sales almost
equally divided between North America, Europe and Asia, the company uses
the full breadth of its global chemistry, technology and business
expertise to create value for customers and the corporation. Celanese
partners with customers to solve their most critical needs while making
a positive impact on its communities and the world. Based in Dallas,
Texas, Celanese employs approximately 7,500 employees worldwide and had
2014 net sales of $6.8 billion. For more information about Celanese
Corporation and its product offerings, visit www.celanese.com
or our blog at www.celaneseblog.com.
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,
financing needs 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 will realize
these expectations or that these beliefs 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. These factors include the
inability to obtain regulatory approvals of the transaction and satisfy
conditions on the proposed terms and schedule and the possibility that
the transaction does not close. 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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