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11-Mar-2003 - Celanese AG announced that the Board of Management has appointed Lyndon Cole in a dual role as President of Ticona, the engineering plastics business of Celanese and head of a newly created Growth Excellence Council. The appointments become effective on April 1, 2003. Currently, Lyndon Cole ...
05-Mar-2003 - Celanese AG today announced that it has received Chinese government approval to build a world-scale acetic acid plant in the Jiangsu province. The plant will be located at the Nanjing Chemical Industry Park, Nanjing City, in eastern China. The facility will have an annual capacity of 600,000 ...
14-Feb-2003 - Celanese AG reported a significant increase in net earnings to EUR 187 million or EUR 3.72 per share for 2002, compared to a net loss of EUR 385 million or EUR 7.65 per share a year earlier. Earnings before interest, taxes, depreciation and amortization (EBITDA) excluding special charges rose to ...
09-Jan-2003 - Celanese Chemicals today announced that it has selected the multinational BOC Group, based in the United Kingdom, to fill a significant portion of the industrial gases requirements for the Celanese acetic acid plant in Clear Lake, Texas. As part of the agreement, Celanese will sell its Clear Lake ...
02-Jan-2003 - Celanese AG today announced that it has completed the acquisition of Clariant AG's European emulsions and global emulsion powders business and will assume control of the business as of January 1, 2003. European Union authorities approved the transaction on December 16. Celanese announced in ...
12-Dec-2002 - Celanese Chemicals announced the sale of its global allylamines and U.S. alkylamines businesses to U.S. Amines Ltd. The sale is consistent with Celanese´s strategy of streamlining its chemical intermediates business. As part of the transaction, Celanese will also sell its U.S. manufacturing ...
25-Nov-2002 - Celanese AG will cancel 1,125,000 of the company's 55,915,369 shares and will repurchase a total of up to 1,031,941 of its own shares. The company currently has 5,572,095 of its own shares and thus falls just below the legal limit of 10% of its share capital. The resolution by the shareholders ...
26-Sep-2002 - Celanese AG announced today that it has agreed to purchase the European emulsions and global emulsion powders business of Clariant AG for CHF213.5 million (~ EUR 147 million). Celanese expects the new business to be earnings and cash flow positive in 2003. The acquisition is subject to regulatory ...
03-Sep-2002 - Kronberg, Sep 02, 2002 - Celanese AG today inaugurated the world's first pilot plant for high temperature membrane electrode assemblies (MEAs) for fuel cells at a ceremony attended by Hessian Minister President Roland Koch. The pilot plant will enable Celanese to further develop its fuel cell ...
09-Aug-2002 - KRONBERG, Germany, Aug. 8 - Celanese Chemicals was notified on August 7th by its carbon monoxide ("CO") supplier, Singapore Syngas Pte.Ltd. ("SSPL"), that SSPL has declared force majeure on its supply of CO to Celanese's Singapore acetyl production complex. SSPL estimates that CO deliveries will ...
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