TCX Technology is the brand name for a hydrocarbon-based ethanol production process developed and marketed by Celanese Corporation. Celanese researchers developed the TCX Technology in its Clear Lake City, Texas plant under the direction of its CEO to create a fuel that helps countries reduce their need to import oil and gas.Celanese launched the TCX Technology in November 2010 and plans to invest $700 million to build one-to-two plants in China and one in Texas that will produce TCX-based ethanol. Celanese expects to produce approximately 300 million gallons of TCX ethanol by 2016.