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Hoechst Celanese plans fiber business restructuring.

Plans to restructure and invest approximately $600 million in its North American polyester fibers operation have been announced by Hoechst Celanese, Charlotte, NC. The restructuring, which will take place through the next five years, concentrates on several specific areas.

The initial phase encompasses the installation of 125 million pounds of staple fiber capacity at the company's Celanese Mexicana plant in Queretaro. The expansion, which will double capacity at the plant, is currently underway, with start-up targeted for the fourth quarter of 1993. The Mexican expansion will not result in an overall capacity increase, however, as the shutdown of outdated equipment at other North American facilities is being considered.

Also included in the restructuring will be the discontinuation of high denier technical filament production at Celanese Canada's Millhaven facility; production of high denier filament and specialty fibers will continue in Salisbury, NC. Commodity staple fiber production will be centered at Spartanburg, SC.

The restructuring is part of Hoechst Celanese's ongoing plans; it comes on the heels of new staple fiber capacity started up earlier this year at the Spartanburg plant.
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Publication:Nonwovens Industry
Article Type:Brief Article
Date:Jun 1, 1992
Words:179
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