Celanese Announces Canadian Plant Closing
Celanese AG, New York City, has announced that its Acetate Textiles business will shut down
production at its Drummondville, Canada, site by the end of the first quarter of 2000.The move was
necessitated by excess production capacity and persistent weak market conditions, said Phil
Cogbill, global general manager of the Celanese Acetate Textiles division of Celanese AG. Our goal
is to strengthen our position as a world leader of high quality acetate filament for apparel
fashions and linings.This closure will not impact our customers who will continue to have the full
range of our products available through other sites.Celanese will have a global capacity of 73,000
tons of cellulose acetate filament after the closure of the 15,000-ton Drummondville facility.
Approximately 440 employees will be affected by the plant closing.Gerold A. Linzbach, president,
Celanese Acetate, said: We are continuing to focus on improving efficiencies and quality at our
production sites. We are committed to moving quickly to enhance shareholder value at Celanese, and
this move is evidence of that commitment.