Celanese and Mitsubishi Gas Chemical complete restructuring of Korea Engineering Plastics

Celanese and Mitsubishi Gas Chemical completed the restructuring of their 50/50 joint venture Korea Engineering Plastics Co. (KEP). KEP will now focus solely on manufacturing and supplying products to its shareholders, who will independently market them globally without competitive restrictions.

“With the completion of this restructuring, Celanese now has access to world-scale POM polymerization capabilities globally, with committed access to approximately 70kta of POM production in Asia and corresponding global marketing rights.”celanese.com

• 1 source
• celanese.comCELANESE AND MITSUBISHI GAS CHEMICAL COMPLETE RESTRUCTURING OF KOREA ENGINEERING PLASTICSMar 30, 2022

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