Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will build a world-class liquid crystal polymer (LCP) plant in phases in China to support the high-performance Vectra® and Zenite® LCP product lines. quickly growing. The project is in the site selection stage, and the site selection includes the location of the existing factory or relocation.
"5G, the Internet of Things, and automotive intelligence are just a few trends that are required to promote the miniaturization of equipment, improve signal integrity and circuit densification," said Stefan Kutta, vice president of Celanese Engineering Materials. "The unique excellence of liquid crystal polymers Performance and the ability to address these challenging needs. This investment will provide a reliable supply of LCP to a growing customer base and enable Celanese to gain additional business growth from these fast-growing markets."
The investment aims to support a new production capacity of approximately 20,000 tons of LCP per year. The first phase of the project is expected to be put into operation in 2024. With the further increase of China's LCP production capacity, Celanese will become the only manufacturer that can produce LCP in Asia and the Western Hemisphere at the same time, which will give the company the ability and advantages to cooperate closely with customers in various regions around the world. At present, Celanese's LCP polymerization production is mainly concentrated in Shelby, North Carolina in North America, and LCP composite production is distributed in North America, Europe and China.
"China will continue to be a rapidly growing region for global electronics and automotive customers. At present, more than 50% of global LCP demand comes from China. This investment will enable Celanese to continue to develop innovative cooperation with our customers in this key region and meet The rapid growth of customer demand for our LCP products," Kutta concluded.
Vectra® and Zenite® LCP are halogen-free, high-performance polymers with high temperature resistance. They are widely used in thin-walled applications that require precise and stable dimensions.