Celanese Corporation (NYSE: CE) announced plans to close its nylon manufacturing facility in Sakra, Singapore, and reduce polymer production at North American facilities as part of a restructuring of its engineered materials business.

The company expects to operate the Singapore facility through the end of July 2026 to ensure an orderly shutdown process. Celanese will also optimize nylon 6,6 polymerization production at facilities in Richmond, Virginia, and Washington, West Virginia, which is expected to reduce overall polymer production capacity.

"Our business strategy reflects a deliberate series of growth-oriented measures across our current product portfolio with the goal of optimizing the supply chain, improving performance and increasing operational agility," said Todd Elliott, Senior Vice President of Celanese Engineered Materials.

The moves are part of Celanese's "Grow & Fortify" strategy for its engineered materials division. The company stated the changes aim to address what it described as unsustainable feedstock dynamics and network inefficiencies.

Alongside the nylon restructuring, Celanese outlined additional operational changes across its global network. These include advancing liquid crystal polymer operations in China, upgrading specialty compounds production in Europe, introducing medical-grade compounding processes in Asia, and implementing product mix enhancements in India.

Elliott said the company is sequencing the changes with customer experience in mind and aims to maintain supply continuity and product quality throughout the transition process.

The Dallas-based specialty materials and chemical company reported 2025 net sales of $9.5 billion and employs more than 11,000 people worldwide, according to the company statement.