Celanese renews deal for developing lightweight parts

EUROPEAN PLASTICS NEWS

Published: March 11, 2014 10:32 am ET
Updated: March 11, 2014 10:36 am ET

Related to this story

Topics Sustainability, Automotive, Materials Suppliers

Dallas-based chemicals and specialty materials group Celanese Corp. has renewed its contract with Germany’s Aachen Center for Integrative Lightweight Production (AZL).

Celanese, one of 33 founding companies that launched AZL in 2013 to look at developing lightweight components, says it has extended its contract with AZL by two years.

Celanese’s venture with AZL looks at jointly developing thermoplastic composite solutions for automotive, construction, and oil and gas applications.

Since the launch of AZL, Celanese says it has focused on projects to reduce manufacturing costs and increase productivity for thermoplastic composite parts.

Michael Ruby, global composites business manager of Celanese, said the effort in developing potential new business opportunities for applications that use composite solutions from the Celanese broad portfolio of engineered materials was “significantly reduced by approaching the task with a strong network collaborator such as AZL.”

“We look forward to continuing our work with AZL to enable innovative composite solutions.”

Celanese currently employs around 7,400 people worldwide and reported 2013 net sales of $6.5 billion.


Comments

Celanese renews deal for developing lightweight parts

EUROPEAN PLASTICS NEWS

Published: March 11, 2014 10:32 am ET
Updated: March 11, 2014 10:36 am ET

Post Your Comments


Back to story


More stories

Image

Dunkin' Donuts looking at PP to replace foam cups

September 19, 2014 3:22 pm ET

Dunkin' Donuts is testing a new polypropylene coffee cup that the company believes could help boost recycling.    More

Image

Plasan investing in capacity, jobs to supply auto market with carbon fiber

September 19, 2014 3:05 pm ET

Growth in the emerging automotive market for carbon-fiber composites has spurred a $29 million investment in a Walker, Mich., factory    More

Image

Toyoda Gosei expanding in Mexico

September 19, 2014 2:33 pm ET

Toyoda Gosei North America Corp. is investing $67 million in a 398,000-square-foot plant in central Mexico to supply the automotive industry with...    More

Exo-s buys injection and blow molder in Mexico, expands footprint

September 19, 2014 2:15 pm ET

Custom molder Exo-s Inc. has bought an injection and blow molding operation in San Juan del Rio, Querétaro, Mexico.    More

Image

Foster building medical polymers plant

September 19, 2014 1:39 pm ET

Foster Delivery Science is investing $8 million in a new plant in Putnam, Conn., for production of medical polymer blends, as well as rods, film or fi...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events