11-Jan-2001 -

Celanese Chemicals Extends Force Majeure on Acetyl Products for Asian Customers

Celanese Chemicals today announced that it will extend until further notice its Declaration of Force Majeure on acetic acid and vinyl acetate for its Asian customers.

This declaration of force majeure, initially declared in September 2000, is the result of an ongoing inability of Singapore Syngas to produce a reliable and permanent supply of carbon monoxyde, a key material to Celanese`s Singapore acetic acid plant. The plant`s operating rate in the 4th quarter 2000 was at appr. 20 % of design capacity. Celanese Chemicals cannot be certain when the situation will be resolved, however, the company and Singapore Syngas continue to work together to resolve the problems short term.

The situation in Singapore is expected not to affect the company`s ability to supply customers in other parts of the world.

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