Celanese and Blackstone to Form Joint Venture in Acetate Tow

19-Jun-2017 - Celanese Corporation and funds managed by Blackstone announced a definitive agreement to form a JV that will create a global acetate tow supplier. Celanese and Blackstone will own 70 percent and 30 percent of the JV, respectively. Transaction Overview Under the terms of the agreement, Celanese ...

Celanese appoints Verghese Thomas Chief Technology & Innovation Officer

14-Jul-2016 - Celanese Corporation, a global technology and specialty materials company, announced it has appointed Dr. Verghese Thomas as Chief Technology & Innovation Officer. The appointment of Thomas, currently the company’s Global Technology & Innovation Director of the Celanese engineered materials and ...

Celanese Announces Intent to Reduce Production Capacity at Its Lanaken, Belgium, Acetate Tow Plant

Proposal could reduce production capacity at plant by 50 percent

24-Apr-2015 - Celanese Corporation proposed to employee representatives at the company’s Lanaken, Belgium, facility the reduction of acetate tow production capacity at the site by 50 percent.“This proposal results from ongoing changes in the global demand for acetate tow products, especially in Europe, which ...

Celanese Corporation Reports Record Fourth Quarter and Full Year 2014 Results

29-Jan-2015 - Celanese Corporation reported record fourth quarter 2014 adjusted earnings per share of $1.28 versus $1.04 in the prior year quarter. Fourth quarter 2014 financial highlights Record fourth quarter adjusted earnings per share of $1.28, up 23 percent from prior year, driven by increased flexibility ...

Celanese Receives ‘Most Creative Composites Application’ Award

13-Nov-2014 - The American Composites Manufacturers Association (ACMA) has awarded Celanese Corporation with the Most Creative Composites Application Award for “Excellence in the Design Category” at the Composites and Advanced Materials Expo (CAMX). Celanese received this award for its high-performance carbon ...

Celanese Appoints Holmes Chief Marketing Officer

23-Nov-2010 - Celanese Corporation announced the appointment of Dr. Peter Holmes to the position of Chief Marketing Officer, effective December 13. “We are pleased to welcome Dr. Holmes to Celanese where he will co-lead Celanese’s Office of Strategic Growth and bring his deep experience to our ongoing efforts ...

Celanese Announces Price Increases

29-Oct-2010 - Celanese Corporation will increase list and off-list selling prices for the following products effective Nov. 1, 2010, or as contracts allow. Acetic Acid: 400 RMB/MT (China); 30USD/MT (Asia Outside China) Acetic Anhydride: 450 RMB/MT (China); 40USD/MT (Asia Outside China)

Celanese Announces Price Increases

27-Sep-2010 - Celanese Corporation will increase prices for the following products in the amounts detailed below effective October 1, 2010, or as contracts allow. Acetic Acid: 0.02 USD/LB (USA, Canada and Mexico); 50 USD/MT (Central and South America); 50 USD/MT (Central and South America); 30 USD/MT ...

Univar expands in the Baltics with Distribution Agreement and new office

New deal with Celanese Emulsion Polymers marks significant geographical move for the global chemicals player

17-Aug-2010 - Univar announced that it has signed a distribution deal with Celanese Emulsion Polymers, a global leader in emulsion technology and application development. The agreement establishes Univar’s position in the Baltic region following the recent opening of its office in Lithuania. Under this new ...

Celanese Increases Fortron PPS Production at Wilmington, N.C., Plant to Meet Global Demand

16-Aug-2010 - Celanese Corporation announced that one of its strategic affiliates, Fortron Industries LLC, will increase production at its Wilmington, N.C., plant to meet an increased global demand for Fortron® polyphenylene sulfide (PPS). The Fortron Industries plant in Wilmington is the world's largest ...