Celanese Shutters Factory that Became 'No Longer Economically Viable'
5 Articles
5 Articles
Celanese shutters factory that became 'no longer economically viable'
Celanese, an Irving-based chemical and specialty materials manufacturer, is shuttering its acetate tow facility in Belgium. The company said that rising operational costs and regulatory struggles led to the plant becoming "no longer economically viable." Read on to learn more about the latest move by one of Dallas-Fort Worth's largest locally based public companies.
Celanese Announces Intent to Cease Manufacturing Operations at Its Lanaken Acetate Tow Facility
Celanese (NYSE: CE), a global chemical and specialty materials company, today announced to its employees and local union representatives its intent to cease operations at its acetate tow facility in Lanaken during the second half of 2026. Celanese plans to now commence the formal information and consultation process with the local union representatives. Acetate tow has faced challenging conditions, including declining demand and growing uncertai…
Celanese announces Lanaken plant closure affecting 160 jobs
Lanaken (Brussels Morning Newspaper) – Celanese, a U.S. chemical firm, will close its Lanaken site in 2026, affecting 160 workers. CEO Frank Truyen cites falling demand, high energy costs, and tobacco market decline. As VRT News reported, Celanese, an American … Read more Continue reading Celanese announces Lanaken plant closure affecting 160 jobs at The Brussels Morning Newspaper.
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