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Celanese's History 2005 Until Today
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.

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).


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