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Zhongding Group and Celanese Sign Global Strategic Cooperation Agreement

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On October 9th, Anhui Zhongding Holding (Group) Co., Ltd. and Celanese Corporation signed a global strategic cooperation agreement in Shanghai. The agreement mainly involves multiple product lines including Vamac® AEM, Santoprene™ TPV, and Zytel® LCPA. Later, comprehensive and in-depth cooperation will be carried out in fields involving engineering plastics such as sealing, fluid, and NVH damping. The signing ceremony was held at Celanese's Asia Technology Innovation Center in Shanghai. Zhongding Holdings Chairman and Global CEO Xia Yingsong, Celanese Global Automotive Sales VP Stefan Kutta, Global R&D Director Pedro Van Hoecke, and China Automotive Sales Director Zhang Chaoyuan jointly attended and witnessed the ceremony.

Celanese Corporation is a global technology leader in specialty materials and a leading supplier of differentiated chemical solutions. Its products are widely used in industrial and consumer sectors. The deepening cooperation between Zhongding and Celanese will, through structural optimization in technology, quality, cost, and supply cycle, promote the rapid development and growth of both enterprises and enhance their adaptability in the increasingly fierce market competition.

Regarding the establishment of the global strategic cooperative relationship, Chairman Xia Yingsong stated: "As a globally leading automotive parts enterprise, Zhongding Group needs to respond quickly to market demands and maintain its leadership position in the industry. Celanese's extensive product portfolio, globalized R&D team, and supply chain meet our needs for rapid development and growth."