Celanese Signs MOU with China Tobacco to Expand Flake and Tow Capabilities at Nantong Facility
Year:2009 ISSUE:35
COLUMN:NEW SETUP, AGREEMENT & PLAN
Click:343    DateTime:Dec.16,2009
Celanese Signs MOU with China Tobacco to Expand Flake and Tow Capabilities at Nantong Facility      

On December 3rd, 2009 Celanese Corporation, a leading global chemical company, announced it has previously signed a memorandum of understanding with its acetate joint venture partner, the China National Tobacco Corporation, to expand flake and tow capacities at its joint venture facility in Nantong, eastern China.
    Additionally, a feasibility study has been completed by the partners and the expansion project is currently under review and is awaiting final approval by the appropriate Chinese government agencies.