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 Automotive, Sustainability, 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

Magna hiring at two Michigan locations

July 28, 2014 11:43 am ET

Magna Interior Trim Components is adding a total of 169 jobs to two of its Michigan manufacturing facilities.    More

Image

Ukraine's Group DF may be forced to sell Crimea-based additives plant

July 28, 2014 10:12 am ET

Group DF, the industrial business of Ukrainian tycoon Dmitry Firtash, may be forced to sell off Eastern Europe's biggest producer of titanium oxide,...    More

Image

DuPont resins help take Nike golf balls 'Fore!'ward

July 25, 2014 1:07 pm ET

It may be difficult to imagine just how much science, not to mention rubber and plastic components, go into a golf ball. But global giant DuPont Co....    More

Image

Bioplastics maker wins government funding

July 25, 2014 12:13 pm ET

Canadian bioplastics maker Solegear Bioplastics Inc. has won $1.6 million in funding from the government-sponsored Western Innovation Initiative...    More

Image

Report: biodegradeable plastics use in Europe to grow 12 percent

July 25, 2014 10:25 am ET

The biodegradable plastics market in Europe is forecast to witness 12 percent compound growth during 2014-19, according to TechSci Research's “E...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

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

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events