CELANESE CANADA LOOKS FOR GOOD YEAREND RESULTS

MONTREAL--Celanese Canada expects improved results from its textile operations by yearend, despite a first-quarter decline in its sales of cellulosic fibers and polyester.
The company's Drummondville, Quebec, cellulose acetate filament yarn plant was operating at only 70 percent capacity last year due to weak demand in the North American apparel market. But the plant recently began operating close to capacity, company president Alban Schuele said here after Wednesday's annual meeting.
"We began to develop an export market offshore to places such as Korea," he said. For the first quarter ended March 31, cellulosic fibers sales declined about 44 percent to $8.8 million ($12.3 million Canadian).
The firm's Millhaven, Ontario, plant saw record polyester fiber production for the second straight year in 1994, with exports to the U.S. up 30 percent to a total of 83 percent of the plant's total output. But first-quarter polyester sales fell nearly 16 percent to $17.9 million ($24.9 million Canadian).
Still, Schuele said 1995 textile division sales should be at least as good or better than 1994 due mainly to greater U.S. demand. Last year, polyester sales were almost $72 million ($100 million Canadian) and cellulosic fibers $50.5 million ($70.1 million Canadian).
In another development, Schuele will resign as Celanese Canada president effective July 1 to join the executive committee of the Hoechst worldwide pharmaceutical business. Celanese Canada is part of German-based Hoechst AG. He will be replaced by Donald Whitcomb, currently vice president, group business development and administration, life sciences group, Hoechst Celanese Corp., Somerville, N.J.

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