POM ECO-R would help customers meet material
environmental, sustainability goals
Celanese Corporation (NYSE: CE), a global chemical and specialty
materials company, and Mitsubishi Chemical Advanced Materials
(MCAM), a leading global manufacturer of high-performance
thermoplastic materials in the form of semi-finished products and
finished parts, today announced a joint collaboration to further
develop mechanical recycling solutions for both post-industrial and
post-consumer sources of polyoxymethylene (POM), also known as
acetal copolymer, to meet the requests from customers seeking
recycled content options and carbon dioxide reductions while still
maintaining product consistency, quality and performance.
Celanese and MCAM plan to work together to assess options to
convert waste streams into marketable, end-product formulations so
that Celanese can offer its customers sustainable options for scrap
or end-of-life waste with assurances of closed loop material
reuse.
In November 2020, Celanese introduced a sustainable polyacetal
product offering known as POM ECO-B, a mass-balance, bio-based
option which allows customers to realize reduction in carbon
dioxide emissions in their end-use products and advance toward
their renewable content goals. While POM ECO-B is commercially
available now, not all customers or industries are ready to adopt
bio-mass balance that comes with its carbon dioxide footprint
reduction benefit.
Today’s joint announcement with MCAM builds upon Celanese’s
sustainable product offerings by initiating development of a
recycled content option of the Celanese Hostaform® / Celcon® POM
product that will be marketed as POM ECO-R, a recycled content
offering to be jointly developed with MCAM. MCAM would conduct the
recycled feedstock collection, separation, and processing, while
Celanese would provide the formulation, product technology and
production capability. Celanese expects to offer to existing and
new customers its POM ECO-R solution with a recycled content
offering of up to 30 percent.
POM ECO-B, where the polymer itself is identical to its
fossil-based twin but where the carbon feedstock is replaced with
bio-based feedstock in a mass-balance approach, is different from
POM ECO-R in that POM ECO-R would be derived from both
post-industrial and post-consumer sources of POM to offer a
recycled content solution.
“Celanese is a leading, global producer of acetal copolymer, and
our industrial scale manufacturing capabilities for POM are ideally
suited for helping customers in a range of industries – such as
medical, automotive and consumer goods – to meet their strategic
environmental goals,” said Tom Kelly, Celanese Senior Vice
President, Engineered Materials. “Offering both bio-based POM
content, which can be uniquely produced from waste products via
bio-methane or from CO2 emissions, and recycled POM through a
collaboration with MCAM, elevates the broad usability of POM as an
ideal engineered material that can help our customers meet and
achieve their sustainability goals.”
“MCAM has invested significantly in enabling closed loop
opportunities for post-industrial and post-consumer POM waste
streams. In partnership with raw material supplier Celanese and its
extensive capacities, we can now offer a wide range of new
opportunities to our customers to achieve their own sustainability
goals, support CO2 reduction and work towards a climate-neutral
economy,” said Markus Wehinger, Business Manager, MCAM Recycling
Solutions.
For additional information about Celanese’s sustainability
efforts and products, visit
https://www.celanese.com/Sustainability.
For more information about Celanese acetal copolymer, visit
https://www.celanese.com/engineered-materials/products/Hostaform-POM--Celcon-POM.
Editor’s note: POM ECO-B is certified International
Sustainability and Carbon Certification Plus (ISCC+).
About Celanese
Celanese Corporation is a global chemical leader in the
production of differentiated chemistry solutions and specialty
materials used in most major industries and consumer applications.
Our businesses use the full breadth of Celanese's global chemistry,
technology and commercial expertise to create value for our
customers, employees, shareholders and the corporation. As we
partner with our customers to solve their most critical business
needs, we strive to make a positive impact on our communities and
the world through The Celanese Foundation. Based in Dallas,
Celanese employs approximately 7,700 employees worldwide and had
2020 net sales of $5.7 billion. For more information about Celanese
Corporation and its product offerings, visit www.celanese.com.
About Mitsubishi Chemical Advanced Materials
Mitsubishi Chemical Advanced Materials is a leading global
manufacturer of high-performance thermoplastic materials in the
form of semi-finished products and finished parts. The company has
46 locations in 19 countries and more than 3,000 employees. Its
specialty engineering thermoplastics, high quality recycled polymer
materials, as well as carbon fiber and thermoset composite
solutions, are superior in performance to metals and other
materials and are used in a wide range of applications, primarily
in the capital goods industry. MCAM helps move global engineering
projects from prototype into production, addressing the high
productivity and cost-effective needs of many key markets.
Forward-Looking Statements
This release may contain “forward-looking statements,” which
include information concerning the company’s plans, objectives,
goals, strategies, future revenues or performance, capital
expenditures and other information that is not historical
information. When used in this release, the words “outlook,”
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benefits or that these expectations 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. Other risk
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20211117006263/en/
Celanese Contacts: Investor Relations Brandon
Ayache +1 972 443 8509 brandon.ayache@celanese.com
Media Relations – Global W. Travis Jacobsen +1 972 443
3750 william.jacobsen@celanese.com
Media Relations - Europe Petra Czugler +49 174 762 8784
petra.czugler@celanese.com
MCAM Contacts: Recycling Business Relations: Markus
Wehinger markus.wehinger@mcam.com
Media Relations – Europe: Petra Brinkmann
petra.brinkmann@mcam.com
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