Celanese Outlines Strategic Nylon Uplift Initiatives for Global Engineered Materials Business
Operational agility measures enhance nylon platform supporting ‘Grow & Fortify' strategy
Celanese Corporation (NYSE:CE), a global specialty materials and chemical company, today introduced a series of strategic initiatives designed to enhance capabilities, strengthen competitiveness, simplify manufacturing footprint, and prioritize continuity of supply to customers of its Engineered Materials business.
Celanese is repositioning its nylon business to create a more competitive and resilient platform for the future, without compromising customer confidence, product quality, or the Company's ability to innovate on its existing polymer production assets or existing specialty polymerization capability.
A critical step in this nylon transition is today's announced closure of the Sakra, Singapore, unit, as well as the optimization of the North American nylon 6,6 polymerization production facilities in Richmond, VA and Washington, WV, which is expected to reduce overall polymer production. Celanese expects to operate the Sakra facility through the end of July 2026 to ensure a smooth and safe operational shut down process.
"Our business strategy reflects a deliberate series of growth-oriented measures across our current product portfolio with the goal of optimizing the supply chain, improving performance and increasing operational agility," said Todd Elliott, Senior Vice President, Celanese Engineered Materials. "This nylon alignment is part of Celanese's broader ‘Grow & Fortify' agenda in Engineered Materials which aims at sharpening how the business supports customer growth and development while strengthening the operating foundation that ensures reliable, competitive product supply," noted Elliott.
In addition to the nylon transition steps announced today, Celanese is also advancing a set of complementary actions across its Engineered Materials network to better align capabilities with heightened customer requirements and demand outlook. These include advancing steps toward commencing liquid crystal polymer-related operations in China, targeted upgrades of specialty compounds production in Europe, introducing new processes for medical-grade compounding in Asia, as well as the implementation of targeted product mix enhancements and localization in India.
These actions are consistent with a series of steps the company has taken over the past years across regions to address unsustainable feedstock dynamics and network inefficiencies, which provide an important context for these actions.
"We are reshaping how and where nylon polymer is produced and sourced across our global network, and we will do so with disciplined execution," stated Elliott. "Throughout this process, reliability and customer confidence remain a priority. We are sequencing actions thoughtfully with our customers' experience in mind and with the goal of maintaining continuity of supply and product quality every step of the way," concluded Elliott.
About Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion.
Forward Looking Statements
This release may contain "forward-looking statements," which include information concerning the Company's plans, objectives, goals, strategies, future revenues, cash flow, operations, supply chains, financial condition and other information that is not historical information. When used in this release, the words "expects," "anticipates," "plans," "intends," "believes," "will," and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the Company's control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include those that are discussed in the Company's filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260505711379/en/
Celanese Contacts:
Investor Relations
Bill Cunningham
+1 972 443 4730
william.cunningham@celanese.com
Media Relations
Global
Jamaison Schuler
+1 972 443 4400
media@celanese.com
Media Relations
Asia
Maria Xia
+86 21 3861
maria.xia@celanese.com
Media Relations
Europe
Petra Czugler
+49 69 45009 1206
petra.czugler@celanese.com