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Celanese Eyes Closures

9:31 AM MST | January 26, 2009

Celanese says it may close its Pardies, France acetic acid and vinyl acetate monomer (VAM) production units and its Cangrejera, Mexico VAM plant due to “the significant change in the global economic environment and anticipated lower customer demand.” The Pardies facility has 450,000 tons/year of acetic acid capacity and 150,000 tons/year of VAM capacity; Cangrejera has 115,000 tons/year of VAM capacity. “We are evaluating, along with other possible actions, the best means to align production capacity and worldwide staffing with anticipated...

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