Celanese Announces Global Capacity Expansions to Support Significant Growth in Engineered Materials Business

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Expansions to Occur within Company’s Compounding, LFT and UHMW-PE
Assets

DALLAS, AMSTERDAM & SHANGHAI–(BUSINESS WIRE)–
Celanese Corporation (NYSE:CE), a global technology and specialty
materials company, today announced plans to expand the capacity of its
global compounding assets and certain product-specific manufacturing
production sites to support the significant growth in its engineered
materials business.

“As the global demand for specialty materials increases in key
industries such as medical, automotive, consumer goods and electronics,
Celanese is partnering with our customers to deliver the innovative
materials found in products that consumers around the world use every
day,” said Scott Richardson, senior vice president, Celanese engineered
materials business. “These planned capacity expansions at selected
Celanese facilities – along with our recent acquisitions – will enable
us to continue to support a growing and diverse customer base and
respond to the increasing need for compounded specialty materials,
long-fiber thermoplastics and ultra-high molecular weight polyethylene.”

Expansions are planned within the global Celanese manufacturing network
as follows:

1. Compounding Capacity Expansions

  • In the Asia region, Celanese will add two production lines at its
    Nanjing, China, facility and one production line at its recently
    acquired Suzhou, China, facility.
  • In the Americas region, Celanese will add two production lines at its
    Florence, Kentucky, facility, as well as expand compounding production
    capacity at its Bishop, Texas, facility.
  • In the European region, Celanese will add one new production line at
    its recently acquired Forli, Italy, facility.

Celanese expects these new production lines and expansions will add
approximately 50-60kt per year in compounding capacity. The company also
expects through the debottlenecking of existing global production lines
to see an additional 10-15kt per year capacity of compounded material
production capability.

2. Celstran® LFT Capacity Expansions

  • In the Americas region, Celanese is in the process of adding one new
    Celstran® long-fiber thermoplastics (LFT) production line at its
    Winona, Minnesota, facility as well as debottlenecking existing
    production lines at this facility.

The company expects through this expansion and the debottlenecking of
existing global LFT production lines to see an additional 9kt per year
of capacity.

3. GUR® UHMW-PE Capacity Expansions

  • In the Asia region, Celanese is in the planning stages of one new GUR®
    ultra-high molecular weight polyethylene (UHMW-PE) production line at
    its Nanjing, China, facility.

The company expects this new production line to add approximately 15kt
per year of new GUR® UHMW-PE product capacity.

These projects announced today are expected to be completed in the
2018-2019 timeframe and financial details are not being disclosed at
this time.

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 two complementary
business cores, Acetyl Chain and Materials Solutions, use the full
breadth of Celanese’s global chemistry, technology and business
expertise to create value for our customers 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 7,500 employees worldwide and had 2016 net sales of $5.4
billion. For more information about Celanese and our 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. Fortron® is a registered trademark of
Fortron Industries LLC, used by Celanese Corporation under license.

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, including
the announced acquisition. 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.

Celanese Corporation
Investor Relations:
Surabhi Varshney, +1
972-443-3078
surabhi.varshney@celanese.com
or
Media
Relations – Global:
W. Travis Jacobsen, +1 972-443-3750
william.jacobsen@celanese.com
or
Media
Relations Asia (Shanghai):
Helen Zhang, +86 21 3861 9279
lan.zhang@celanese.com
or
Media
Relations Europe (Germany):
Jens Kurth, +49(0)69 45009 1574
j.kurth@celanese.com

Source: Celanese Corporation