Celanese Corporation CEis adding a new GUR ultra-high molecular weight polyethylene (UHMW-PE) production line at its Nanjing, China manufacturing facility. The move will help the company to cater to the growing demand in the engineered materials business, particularly in the electric vehicle market.
The company’s new production line is expected to add around 15kT per year of GUR UHMW-PE product capacity by 2019. This will enable Celanese to support a growing and diverse customer base.
Celanese is experiencing higher demand for GUR in lithium ion battery separators for electric vehicle applications with demand rising 20-30% per year.
Celanese has outperformed the industryin a year’s time. While shares of the company have moved up around 25.3%, the industry gained roughly 9.7%.
Celanese (CE) to Add GUR UHMW-PE Production Line at Nanjing
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