Celanese closes Ulsan engineered materials compounding plant in South Korea

Celanese Corporation

Celanese Corporation

CE

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  • Celanese will shut its engineered materials compounding plant in Ulsan, South Korea, as part of an Asia production network overhaul.
  • Manufacturing and production operations will cease immediately, with output shifted to Nanjing and Shenzhen in China, plus Silvassa, India.
  • Move targets lower costs, a leaner compounding footprint, stronger regional supply reliability, and support for the Engineered Materials “Grow & Fortify” strategy.
  • Customer supply commitments will be maintained through a transition of production and compounding to other regional sites.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Celanese Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202606041730BIZWIRE_USPR_____20260604_BW691212) on June 04, 2026, and is solely responsible for the information contained therein.