Celanese appoints KRAHN CHEMIE as distributor in Germany

30-May-2013 - Effective June 1, 2013, Celanese Emulsions GmbH will appoint KRAHN CHEMIE GmbH as its distributor in Germany. This agreement covers emulsion polymers sold only into adhesives and paints & coatings applications. “Both companies have a long history in Germany and are strong supporters of the ...

Celanese Enhances Advanced Engineered Materials Segment Through Acquisition of Global LCP and PCT Product Lines from DuPont

11-May-2010 - Celanese Corporation announced that its Advanced Engineered Materials business has completed a transaction to acquire two product lines, DuPont™ Zenite® liquid crystal polymer (LCP) and Thermx® polycyclohexylene-dimethylene terephthalate (PCT), from DuPont Performance Polymers. “This acquisition ...

Celanese Reaches Settlement with Frankfurt Airport

01-Dec-2006 - Celanese Corporation and its engineered polymers subsidiary, Ticona GmbH, have reached a settlement with the Frankfurt, Germany, Airport (Fraport AG) to relocate Ticona's Kelsterbach, Germany, business, resolving several years of legal disputes related to the planned Frankfurt airport ...

Celanese Receives Unconditional Approval from European Commission for Acquisition of Acetex Corporation

14-Jul-2005 - Dallas, July 13, 2005: Celanese Corporation confirmed today that the European Commission has unconditionally approved Celanese's acquisition of Acetex Corporation (Toronto: ATX), clearing the way for completion of the transaction. The transaction, valued at approximately US $492 million (CDN $600 ...

ICI to acquire emulsion powders business from Celanese

12-Jul-2005 - ICI has agreed to acquire the Celanese emulsion powders business for 25.5m US$ (14.6m GBP) in cash. The business recorded sales of 32 million euro (21.8m GBP) and operating profit of 1.9 million euro(1.3 m GBP) in 2004, has about 50 employees, and is based in Frankfurt, Germany. The value of the ...

Celanese Divests PBI Business

18-May-2005 - Celanese Corporation announced that it has sold the polybenzimidazole fiber and polymer business (PBI) to PBI Performance Products, Inc., an affiliate of The InterTech Group of North Charleston, SC, USA. The InterTech Group is a holding company and operator of a diverse, global group of ...

Celanese Announces Acquisition of Emulsion Polymer Business from ICI

24-Nov-2004 - Celanese announcedthat it has agreed to purchase Vinamul Polymers, the emulsion polymer business of National Starch and Chemical Company (NSC), for $208 million, subject to regulatory approvals and other customary conditions. NSC is a subsidiary of Imperial Chemical Industries PLC (ICI). ...

Celanese to sell Acrylates Business to Dow

12-Sep-2003 - Celanese AG and The Dow Chemical Company announced today that they have reached an agreement for Dow to purchase the acrylates business of Celanese. Dow will acquire Celanese's acrylates business product line, including inventory, intellectual property and technology for crude acrylic acid, ...

Celanese AG approves Florence, Kentucky as the future North American headquarters of Ticona

07-Aug-2003 - Celanese AG announced that its Board of Management has approved Florence, Kentucky to become the new North American regional headquarters of Ticona, its technical polymers business. This follows the decision to close the Summit, New Jersey site, which was announced earlier this year, and move ...

"Focus" and "Forward" initiatives to yield annual cost savings of €150 million

Net cash provided by operating activities raised to €520 million - strict cash management to be maintained

11-Mar-2002 - High special charges weigh on 2001 results - Claudio Sonder: "For 2002, we see no easy scenario. Nevertheless we are well prepared" Celanese AG net sales decreased by 2% to €5.1 billion in 2001, primarily as a result of lower volumes and lower selling prices. The volume decrease was particularly ...