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Celanese Ceases Production, Storage & Distribution of MMA at its Mexico Facility

Published on 2016-08-01. Author : SpecialChem

DALLAS -- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, has ceased production, storage and distribution of monomethylamine (MMA) at its Cangrejera, Mexico, acetyl intermediates manufacturing facility. The production cessation includes both anhydrous and 50 percent solution grades of MMA.


To Continue Production of DMA & TMA

Celanese Ceases Production, Storage & Distribution of MMA

After a strategic business review, Celanese has concluded that production and distribution of MMA are no longer a viable business option. The site will continue to produce dimethylamine (DMA) and trimethylamine (TMA) with a focus on growing and expanding the company’s amines business, along with other key acetyl products manufactured at the site.

To support continued growth of the Celanese amines business globally, MMA production equipment at the Cangrejera facility has been completely converted to produce increased volumes of DMA and TMA exclusively.

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. The company's 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 its customers and the corporation. As Celanese partners with its customers to solve their most critical business needs, Celanese strives to make a positive impact on its communities and the world through The Celanese Foundation. Based in Dallas, Celanese employs approximately 7,000 employees worldwide and had 2015 net sales of $5.7 billion.

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 or any of 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. 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.

Source: Celanese

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