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Celanese Endorses Congressman Pete Olson's Domestic Alternative Fuels Act of 2012


ethanol (select to view enlarged photo)

DALLAS & WASHINGTON--January 18, 2012: Celanese Corporation , a global technology and specialty materials company, applauds Representative Pete Olson (R-Texas) for introducing House Bill 3773 yesterday on the floor of the United States House of Representatives. H.R. 3773 would amend section 211(o) of the Clean Air Act to allow fuel blenders to use Domestic Alternative Fuel to satisfy their obligations under the federal Renewable Fuels Standard (RFS).

Specifically, Rep. Olson's bill, titled the Domestic Alternative Fuels Act of 2012, would allow ethanol produced from domestic hydrocarbons other than petroleum to satisfy the RFS requirement to use conventional biofuel (corn-based ethanol) to reduce the quantity of petroleum used in transportation fuel.

Steven Sterin, Celanese Corporation's Chief Financial Officer and President of its Advanced Fuel Technologies business, issued the following endorsement of this significant legislative development.

"U.S. energy policy should encourage new ideas, technologies and innovation to promote a diverse set of energy and fuel choices. With such policies in place, the market will seek cost-efficient, environmentally advantaged liquid fuel solutions. Rep. Olson's bill promotes free market economics and technical innovation over subsidies and mandates to achieve critical energy security goals. Our nation's plentiful natural energy resources, such as natural gas, are a tremendous asset and can drive the economic growth of the United States for years to come. Rep. Olson's bill creates conditions under which American innovation can achieve these goals without using valuable food resources for the production of liquid fuel."

Rep. Olson's bill, the Domestic Alternative Fuels Act of 2012, has bipartisan support in the House of Representatives, and he was joined by five original cosponsors: Rep. Joe R. Pitts (R-PA), Rep. David B. McKinley (R-WV), Rep. Gene Green (D-TX), Rep. Charles A. Gonzalez (D-TX), and Rep. Jim Costa (D-CA).

Ethanol Production from Alternative Sources

Many companies are developing advanced technologies to produce ethanol from non-biomass feedstocks. Celanese has developed an innovative and advantaged technology that produces ethanol from basic hydrocarbon feedstocks. This advanced technology, called Celanese TCX®, is the company's proprietary technology process for the production of fuel and industrial-grade ethanol from feedstocks such as natural gas and coal.

About Celanese TCX®

Celanese is helping to meet the world's increasing need for consistent, high-quality ethanol with its innovative Celanese TCX® ethanol process technology. Using basic hydrocarbons - not food crops - as feedstock, the innovative Celanese thermochemical process technology is built on the company's industry-leading acetyl platform and integrates new technologies. Celanese TCX® process technology is ideal for producing ethanol for the fuels market as well as industrial-grade applications such as paints, coatings, inks and pharmaceuticals. Visit Celanese TCX for more information.

About Celanese

Celanese Corporation is a global technology leader in the production of specialty materials and chemical products which are used in most major industries and consumer applications. Our products, essential to everyday living, are manufactured in North America, Europe and Asia. Known for operational excellence, sustainability and premier safety performance, Celanese delivers value to customers around the globe with best-in-class technologies. Based in Dallas, Texas, the company employs approximately 7,250 employees worldwide and had 2010 net sales of $5.9 billion, with approximately 72% generated outside of North America. For more information about Celanese Corporation and its global product offerings, visit Celanese.