Celanese Completes Acquisition of Synthesis Gas Production Unit from Linde AG
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced it has completed the
acquisition of a 365 kilo tons per annum synthesis gas production unit from Linde AG. The production unit is located at the
Celanese Clear Lake acetyl intermediates manufacturing facility located in Pasadena, Texas.
“With on-site production capability of synthesis gas – a crucial intermediate raw material for the production of
acetic acid, hydrogen and methanol – Celanese is able to manage future productivity and growth configuration options for the
world’s largest acetyl intermediates production facility, as well as the production network of Celanese acetyls plants globally,”
said Todd Elliott, Celanese Senior Vice President, Acetyls.
Synthesis gas, or syngas, is a mixture of carbon monoxide, carbon dioxide and hydrogen. Syngas can be produced from
many sources, including natural gas, coal, biomass, or virtually any hydrocarbon feedstock, by reaction with steam or
oxygen.
Celanese
announced its intent to acquire Linde’s CO production unit on January 15, 2019.
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 2018 net sales of $7.2 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 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, including with respect to the acquisition. 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.
Investor Relations
Chuck Kyrish
+1 972 443 4574
chuck.kyrish@celanese.com
Media Relations – Global
W. Travis Jacobsen
+1 972 443 3750
william.jacobsen@celanese.com
Media Relations Asia (Shanghai)
Helen Zhang
+86 21 3861 9279
lan.zhang@celanese.com
Media Relations Europe (Germany)
Jens Kurth
+49(0)69 45009 1574
j.kurth@celanese.com
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