Narrows facility becomes fifth site enterprise-wide to reduce energy intensity by 10 percent within five years

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that its Narrows, Virginia cellulose acetate tow manufacturing facility has been recognized by the U.S. Environmental Protection Agency (EPA) for achieving the ENERGY STAR^® Challenge for Industry (the Challenge) in 2021.

The Challenge is a call-to-action to improve energy efficiency of America’s manufacturers. By taking the Challenge, manufacturing sites set a goal to reduce their energy intensity by 10 percent within five years. Although the Challenge is a U.S.-centric initiative, Celanese’s facilities outside the U.S. participate in the Challenge as part of the Company’s commitment to lower greenhouse gas emissions.

“As a result of energy-efficiency technologies and improvements, the Narrows facility has reduced Scope 1 energy and Scope 2 GHG net emissions by approximately 25,000 tCO2e annually from 2016-2020,” said Jon Mortimer, Senior Vice President of Global Manufacturing for Celanese. “Across our manufacturing facilities, we are finding innovative ways to reduce energy intensity as we focus on a 10 percent energy intensity reduction goal by 2030. Narrows is our fifth site enterprise-wide to achieve the Challenge recognition to date. This significant milestone demonstrates Celanese’s commitment to strong energy management practices that produce positive results for the environment, our customers and our communities.”

The facility used a variety of energy-efficiency approaches which yielded a reduction of their energy intensity by 10.1 percent within five years.

Celanese, an ENERGY STAR^® partner since 2014, has been recognized by the U.S. EPA for its superior performance in energy management and for outstanding contributions to protecting the environment through energy efficiency. Celanese is proud of its ENERGY STAR^® Partner of the Year designation in 2021 for the sixth consecutive year, and the Sustained Excellence award for the fourth consecutive year.

About Celanese

Celanese Corporation is a global chemical leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Our businesses use the full breadth of Celanese's global chemistry, technology and commercial expertise to create value for our customers, employees, shareholders and the corporation. As we partner with our customers to solve their most critical business needs, we strive to make a positive impact on our communities and the world through The Celanese Foundation. Based in Dallas, Celanese employs approximately 7,700 employees worldwide and had 2020 net sales of $5.7 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com.

Forward-Looking Statements

This release may contain “forward-looking statements,” which include information concerning the company’s plans, objectives, goals, strategies, future revenues or performance, capital expenditures and other information that is not historical information. When used in this release, the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the company or its customers will realize these benefits or that these expectations will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. Other risk factors include those that are discussed in the company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211020005921/en/