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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.
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 strenghthe 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.
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