Celanese Signs Two-year Contract Extension with Aachen Center for Integrative Lightweight Production
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Press release date: March 6, 2014
Working to Jointly Develop Innovative Thermoplastic Composite Solutions
DALLAS, FRANKFURT, SHANGHAI – Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced it signed a two-year contract extension with the Aachen Center for Integrative Lightweight Production (AZL) in Aachen, Germany, to jointly develop thermoplastic composite solutions for automotive, construction, and oil and gas applications.
"The effort in developing potential new business opportunities for applications that use composite solutions from the Celanese broad portfolio of engineered materials is significantly reduced by approaching the task with a strong network collaborator such as AZL," said Michael Ruby, global composites business manager – Celanese. "We look forward to continuing our work with AZL to enable innovative composite solutions."
RWTH Aachen University officially launched the AZL in 2013 with 33 founding members to focus on developing lightweight components. The research covers production from carbon- and glass-fibers, textile preforming, high-volume plastics processing, automation, machining and testing to applications ranging from oil, water, gas, infrastructure, buildings and automotive.
As a founding AZL member, Celanese has focused on projects to reduce manufacturing costs and increase productivity for thermoplastic composite parts. One Celanese and AZL study has identified applications, components, distribution channels, production volumes, economic potential, and requirements for materials and process chains, across five major business sectors.
Celanese offers the broadest portfolio of thermoplastic composite solutions, including unidirectional (UD) tapes, rods and profiles. To support these advanced engineered materials, the company also combines a commitment to innovation and development, broad business sector and application knowledge, and in-depth modeling and processing know-how.
Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,400 employees worldwide and had 2013 net sales of $6.5 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.
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Melt Impregnation Leadership — Celanese has decades of experience and is recognized for its ability to customize unique combinations of fiber, thermoplastic resin matrix and additives used in Celstran® continuous fiber-reinforced thermoplastic rod (CFR-TPR) and Celstran continuous fiber-reinforced thermoplastic tapes (CFR-TP).
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