en.Wedoany.com Reported - Celanese Corp. announced the closure of its engineered materials compounding plant in Ulsan, South Korea, effective immediately, with production transferred to three facilities in Nanjing and Shenzhen, China, and Silvassa, India. This strategic network optimization initiative aims to strengthen the company's Asian production footprint and enhance customer service capabilities.
This move is part of Celanese's "Grow and Strengthen" strategy for its engineered materials business, designed to optimize operational structure while leveraging world-class compounding assets across Asia. By consolidating operations into fewer, more advanced plants, the company expects to optimize costs, improve manufacturing efficiency, and strengthen regional supply chain networks.
Celanese is committed to supporting customers throughout the transition period, ensuring all contractual obligations are met and supply continuity is maintained. The company stated that production will be seamlessly transferred to other manufacturing bases in the region to minimize impact on customer operations.
This strategic adjustment reflects Celanese's focus on expanding manufacturing and compounding capabilities closer to its customer base in high-growth Asian markets. The company produces key materials including PET (polyethylene terephthalate), PA (polyamide), PBT (polybutylene terephthalate), and HTN (high-temperature nylon), which drive industry and regional growth in automotive, electronics, consumer goods, and industrial applications. In recent years, Celanese has made significant global investments in world-class compounding assets, with the Nanjing, Shenzhen, and Silvassa plants representing advanced manufacturing capabilities to serve growth opportunities across the broader Asian region.
The Fortune 500 company employs approximately 11,000 people globally and reported net sales of $9.5 billion in 2025. Celanese supports sustainability through responsible materials management and an expanding sustainable product portfolio to meet customer and societal needs.
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