Dec. 23, 2009 (Business Wire) -- Celanese Corporation (NYSE: CE), a leading, global chemical company, announced it has recently become a founding corporate member of the U.S.-China Energy Cooperation Program and joined the entity’s founding management board. This announcement reaffirms the company’s commitment to environmentally sustainable growth in China, the company’s fastest-growing region.
The mission of the U.S.-China Energy Cooperation Program (ECP), a private-sector initiated, managed and financed organization, is to facilitate the adoption of clean energy technologies in China. The ECP will do this by leveraging private sector business resources in both the U.S. and China to:
- promote commercially viable project development work in clean energy and energy efficiency,
- support the sustainable development of the energy sectors in both countries, and
- provide a vehicle for companies to work together to pursue business development opportunities, address trade impediments and advance sustainable development.
These objectives will be accomplished by increasing awareness of U.S. technology, product standards, regulatory processes and services, while partnering with those in China with applicable expertise, technology and equipment.
“Experience has shown that official government support is most effective when closely associated with robust private sector engagement,” said Josh Cheng, president, Celanese China, and the representing member for Celanese on the ECP founding management board. “As a management board member, Celanese is committed to supporting the ECP’s goal of promoting the use and understanding of clean energy technologies in China.”
Celanese has long been an advocate in China on important energy and environmental issues. The company’s Nanjing integrated chemical complex is a model for sustainable energy use and innovative technological advancements in the company’s multiple production units at the site.
Furthermore, Celanese’s manufacturing advancements and innovative technologies are fueling the company’s global energy reduction efforts. These efforts were recognized by the American Chemistry Council (ACC), which gave Celanese the 2008 ACC Responsible Care Energy Efficiency Award for the specific energy-saving achievements at the company’s Bishop, Texas, USA plant.
The ECP Management Board consists of 24 executives from U.S. companies and three U.S. government advisors – the U.S. Trade & Development Agency, the U.S. Department of Commerce/U.S. Foreign Commercial Service in Beijing, and the U.S. Department of Energy. The management board is the highest level of ECP organizational governance.
About Celanese
As a global leader in the chemicals industry, Celanese Corporation makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.8 billion in 2008, with approximately 65% generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,000 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com.
