Celanese Corporation announced that its subsidiary, Celanese (Nanjing) Chemical Co. Ltd., recently extended its long-term contract with Nanjing Dragon Crown Liquid Chemical Terminal Co. Ltd., for providing terminal services to its integrated chemical facility in the Nanjing Chemical Industrial Park, Nanjing City, in eastern China (Jiangsu Province).
Financial details of the contract were not disclosed.
Reliable terminal services are a key component of a highly efficient end-to-end supply chain.
Extending this critical contract will provide Celanese’s Nanjing manufacturing facility with ongoing and reliable terminal services for the company’s acetyls chemical products.
“Dragon Crown has consistently provided Celanese with safe, compliant and reliable terminal services in China for more than a decade,” said John Fotheringham, Celanese senior VP, Acetyls.
With manufacturing and distribution in all regions of the world, Celanese is a leading producer of acetic acid and other acetyl intermediate products, which are basic chemicals used in the manufacture of paints and coatings, adhesives, plastics, food packaging and construction materials.
“The explosive growth in electric vehicle sales around the world demonstrates that lithium-ion battery separator demand will experience significant growth in Asia and Europe over the next five years,” Kelly said. “Celanese, as a reliable materials partner for our customers, is committed to investing further in local manufacturing capabilities to offer unmatched security of supply.”
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