MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate ethylene (EVA) emulsions, has announced its intent to construct a EVA emulsions production unit in Southeast Asia, as per the company's statement.
The unit is expected to begin production by mid-2016.
"This proposed expansion will support our global and regional growth strategy to expand our reach into the markets of Southeast Asia," said Mark Murray, vice president and general manager of the Celanese emulsion polymers business. "Building a EVA plant in Southeast Asia would broaden our network to better serve customers throughout the Asia-Pacific region, primarily in the high-end applications of architectural coatings, building and construction, carpets, and paper industries."
As MRC wrote before, Celanese Corporation has recently developed new emulsion products for architectural paints. The company has also expanded its product portfolio for the coatings and adhesives industries, including Celansese's solvents, vinyl acetate monomer, EVA polymers and emulsions. Yhe company's new emulsion products - EcoVAE 450, Avicor 385 and Avicor 390 - represent solutions to many of the industry's issues including low-VOC primers, stain resistance and broad formulation latitude.
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. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of EUR6.5 billion.
MRC