Over the past several years, Celanese has transformed itself into a global, hybrid
chemical company
with leading businesses in key geographic regions. With a focus on safety, innovation, productivity,
performance and results, Celanese is positioned to achieve significant future growth and deliver exceptional
results for all stakeholders.
December
2009: Celanese announced the acquisition of the long-fiber reinforced thermoplastics (LFT) business of FACT
GmbH (Future Advanced Composites Technology) of Kaiserslautern, Germany, a business unit of The Ravago
Group.
June 2009: Celanese completed the sale of its polyvinyl alcohol (PVOH) business to Sekisui Chemical Co., Ltd.
September
2007: Celanese opened its integrated chemical complex in Nanjing, China. The complex, located at the Nanjing Chemical Industrial Park, brings world-class scale to one site for
the production of acetic acid, vinyl acetate monomer, acetic anhydride, emulsions, Celstran® long fiber-reinforced
thermoplastic (LFRT) and GUR® ultra-high molecular weight polyethylene (UHMW-PE).
August
2007: Celanese announced the sale of the Films business of its AT Plastics subsidiary to British Polythene
Industries PLC.
April
2007: Celanese has signed an agreement to form a 50/50 joint venture with Hebei Shield Technology
Co. Ltd., a subsidiary of Tianjin Shield Fine Chemical Company Limited, to manufacture, distribute and
sell the vinyl ester of neodecanoic acid.
March 2007: Celanese
announced strategic partnership with Accsys Technologies for innovative use of acetyl products.
February
2007: Celanese finalized divestiture of its oxo products and derivatives businesses to Advent
International. The sales is consistent with Celanese's strategy to optimize its portfolio and divest
non-core businesses.
February 2007: Celanese completed
the acquisition of the cellulose acetate flake, tow and film business of Acetate Products Limited.
December
2006: Celanese announced plans to reloacate strategic management of Acetyls business to Shanghai,
China. This step will strenghthen and grow the company's already strong position in Asia.
November
2006: Celanese reached settlement with Frankfurt Airport to relocate Ticona's Kelsterbach, Germany
business, resolving several years of legal disputes related to the planned Frankfurt airport expansion.
December
2005: Celanese Corp. sold COC business to a venture between Daicel and Polyplastics.
December
2005:Celanese sold its common stock interest in Pemeas GmbH to Pemeas Corporation.
November
2005: Celanese Corp announced its intention to initiate a squeeze-out of Celanese AG shares,
subject to an approval by the Annual General Meeting of Celanese AG in 2006.
August
2005: Celanese Europe Holding, a subsidiary of Celanese Corp, acquired approx. 11% of Celanese
AG shares from two financial investors and thus reached the threshold of 95% to pursue a squeeze-out
of Celanese AG.
August 2005: Celanese announced the intention
to wind up Estech, a venture with Hatco Corporation for neopolyol esters.
July
2005: European Commission grants unconditioned approval for the acquisition of Acetex Corporation
and Celanese starts integration process of the new employees and sites.
Spring/Summer
2005: Celanese pursues the strategy of focusing on its core chemicals and technical polymer businesses,
in which it holds leading market and technology positions by divesting smaller businesses like the polybenzimidazole
fiber and polymer businesses PBI, the polyarylate fiber business Vectran and the emulsion powders business.
February
2005: Celanese finalizes acquisition of the emulsion polymers company Vinamul Polymers and
starts integration of sites in the U.S. and Europe into the Celanese Emulsions business.
January
2005 – Following a successful initial public offering (IPO), Celanese Corp. becomes a publicly
traded corporation on the New York Stock Exchange (NYSE: CE).