Celanese Contemplates Closure of Two European Manufacturing Facilities
Celanese Corp. recently announced that its French and Spanish subsidiaries have informed their employee delegates in Roussillon, France, and work council in Tarragona, Spain, of their intent to initiate an information and consultation process on the contemplated closure of both the Roussillon acetic anhydride facility and the vinyl acetate monomer (VAM) production unit in Tarragona.
Celanese announced on May 22 its intent to find a credible buyer for both properties, with the primary focus on industrial candidates. To date, no credible buyers have reportedly been identified, and no offers for acquiring these facilities were made.
For more information, visit www.celanese.com.