Celanese Signs Key Raw Material Contract for Nanjing Site

03-Feb-2005

Celanese Corporation announced the signing of a long-term contract for the supply of carbon monoxide (CO) to its 600,000 metric ton acetic acid plant now under construction in the Nanjing Chemical Industry Park, Nanjing City, in eastern China (Jiangsu Province). CO is a key raw material in the production of acetic acid. Details of the contract were not disclosed.

The supplier, WISON (Nanjing) Chemical Company, Ltd., will build its plant in the Nanjing Chemical Industry Park to produce CO and methanol using a clean-burning coal gasification process. WISON will sell the methanol into the merchant market. The CO/methanol facility is slated to be ready for production in late 2006 or early 2007 and will be managed by a team of experienced operators that have been recruited by WISON.

"This agreement will allow us to diversify our raw material sourcing globally and work with a supplier who has been involved in many successful projects in China," said George McGinn, President, Celanese China. "At the same time, it gives Celanese a CO supply source that is based on readily-available coal processed by state-of-the-art environment-friendly technologies."

https://www.chemeurope.com/en/news/43156/celanese-signs-key-raw-material-contract-for-nanjing-site.html