21 January 2009 14:44 [Source: ICIS news]
TORONTO (ICIS news)--US chemicals major Celanese is assessing the potential closure of acetic acid and vinyl acetate monomer (VAM) production in Mexico and France as it responds to the global decline in demand, it said on Wednesday.
“We are evaluating, along with other possible actions, the best means to align production capacity and worldwide staffing with anticipated prolonged lower demand,” CEO David Weidman said.
Celanese’s VAM plant in ?xml:namespace>
The company’s Pardies site in
Should the facilities be closed, Celanese would supply customers from its other plants in North America, Europe and
Last week, Celanese had already said it planned to reduce its workforce.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|