MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate ethylene (EVA) emulsions, has announced its support of a multi-year initiative to advance composites manufacturing capabilities through a public-private effort between the US Department of Energy (DOE) and consortium members that includes five states, five universities, and numerous corporate partners, as per the company's press release.
The Institute for Advanced Composites Manufacturing Innovation (IACMI), led by The University of Tennessee, Knoxville, was selected by the US DOE to become a national institute aimed at creating better composite materials and technologies for rapid deployment within the automotive, wind turbine and compressed gas storage industries. Celanese is among the consortium of 122 companies, nonprofits, and universities led by the University. IACMI will work to develop lower-cost, higher-speed, and more efficient manufacturing and recycling processes for advanced composites.
"Celanese is a global leader in the development and manufacturing of advanced materials that today are used to help reduce weight, improve efficiency and drive innovation in the auto industry," said Scott Sutton, vice president and general manager of the engineered materials business of Celanese. "We see this public-private partnership as an opportunity to support composite materials advancements and manufacturing that can help the auto industry develop the next generation of low-emission, fuel-efficient, safe and affordable vehicles."
As MRC wrote previously, last year, Celanese Corporation developed new emulsion products for architectural paints. The company also expanded its product portfolio for the coatings and adhesives industries, including Celansese's solvents, vinyl acetate monomer, EVA polymers and emulsions.
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. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of USD6.5 billion.