Celanese to source Methanol from Southern Chemical Corporation
Methanol is a key material in the production of acetic acid and other Celanese products. Celanese said the agreement provides the ability to purchase most of its North American internal methanol requirements from SCC.
"This strategic agreement is expected to reduce significantly our overall exposure to the U.S. Gulf Coast natural gas market and provide attractive economics for our core Acetyls business," said David Weidman,
Chief Operating Officer of Celanese AG. "Combined with our leading acetic acid technology, the agreement further strengthens our competitiveness."
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.