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700:. The lawsuit alleged the dumping of a number of toxic chemicals into local waters, which has diminished property values and caused a number of illnesses. Hoechst Celanese asked the courts to dismiss these charges as spurious, claiming that its discharges have not caused substantial harm to anyone or to the environment, and further asserting that a 3-year limit on
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lawsuit claimed that in spite of this knowledge, the defendants concealed the information and continued to market these products (Shell supplying PB resins to water pipe manufacturers and
Hoechst Celanese providing acetal resins to manufacturers of pipe fittings) until approximately 1996. The lawsuit was settled in 1995 for
687:
distribution systems and purportedly enjoying a lifetime of 50 years service. According to the lawsuit, scientists from the defendants allegedly reported that the PB plumbing systems would degrade even when exposed to low concentrations of chlorine typically found in municipal water systems. The
850:
is a hydrocarbon-based ethanol production process developed and marketed by
Celanese and launched in November 2010. Celanese researchers developed the TCX Technology to create a fuel that helps countries reduce their need to import oil and gas. Celanese plans to invest $ 700 million to build
467:
The company had introduced the word “Celanese,” a combination of “cellulose” and “ease” in 1925, seeking to promote the ease of cleaning and care of their acetate yarn, or artificial silk, fabrics. They officially took this name in 1927, becoming
Celanese Corporation of America.
695:
In
January 2014, a class action lawsuit was filed on behalf of the citizens of Cannon's Campground, seeking relief from health and environmental dangers posed by groundwater and surface water contamination emanating from the Hoechst-Celanese manufacturing plant in
629:
and became a publicly traded corporation traded on the New York Stock
Exchange under the symbol "CE". When Blackstone sold the last of its shares in 2007, it had made five times what it had invested and it, and its co-investors collected a $ 2.9 billion profit.
1853:
617:
for
Celanese, after two years of wooing management. Shareholders formally approved the offer from Blackstone on 16 June 2004, and Blackstone completed the acquisition of Celanese AG. The company was delisted from the
389:
Celanese operates 25 production plants and six research centers in 11 countries, mainly in North
America, Europe, and Asia. The company owns and operates the world's three largest acetic acid plants: one in the
796:, and other food ingredients. Major end-use markets include beverages, confections, baked goods, and dairy products. In 2021, Celanese ranked 7th on FoodTalks' Global Top 20 Food Preservative Companies list.
760:, the engineering polymer business of Celanese), conveyor belts, electronics, safety systems, emissions filtration, and fluid handling. Polymer production is improved by the acquisition of SO.F.TER Group,
1457:
1078:"Prison presence in Western Md. Allegany: Corrections jobs are replacing industry jobs that left the county over past 20 years, but a proliferation of prisons is not welcomed by everyone"
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polymers to customers in the automotive, electronics, telecommunications, and medical industries. Major products include engineered plastics for fuel system components (provided by
622:, and Blackstone changed the entity's name back to Celanese Corporation. Under Blackstone, a number of streamlining initiatives were undertaken, and several acquisitions were made.
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as a defendant in a class action lawsuit for $ 7 billion in both past and potential future damages for which they were accused of being liable because of leaks in their
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740:. Customers of acetyl intermediates and industrial specialties are in the chemical, paint and coatings, construction, and adhesive industries for
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1905:
683:(PB) plumbing systems. The lawsuit alleged a complex scheme to mislead buyers into believing that PB plumbing systems were suitable for use as
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1559:
920:." Celanese. Retrieved on December 12, 2012. "Celanese Corporation Headquarters 222 W. Las Colinas Blvd., Suite 900N Irving, Texas 75039 USA"
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and easy access to coal supplies and railroad lines. After a series of delays, production began on
Christmas Day, 1924 with a series of
253:
1025:
1200:
1742:"Company sees its coal-to-ethanol technology as a game changer – for itself and the industry" ICIS Chemical Business Jan. 10, 2011
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588:, both of Mexico. Also in 1998, Hoechst combined most of its industrial chemical operations into a new company, Celanese AG.
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663:, who already owned 55% of the company. This transaction resulted in Daicel attaining full ownership of Polyplastics.
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that is wood pulp based and certified biodegradable and compostable in home and industrial composting conditions.
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claims had expired, relieving the company of any responsibility for damages which might be eventually discovered.
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per year, representing approximately 25% of global production. Celanese is also the world's largest producer of
728:
Acetyl intermediates is
Celanese's largest segment, with a product range consisting of basic chemicals such as
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to produce cheaper fabric for airplane manufacturing. The plant location was chosen inland to protect against
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In 1918, the
American Cellulose & Chemical Manufacturing Company (known as Amcelle) was founded in
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In 1998, in a $ 2.7 billion deal, Hoechst Celanese sold its Trevira division to a consortium between
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and merged with its American subsidiary, American Hoechst, to form Hoechst Celanese Corporation.
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producers, paper, mortar and gypsum, textiles, paints, coatings, and adhesives manufacturers.
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King of Capital: The Remarkable Rise, Fall and Rise Again of Steve Schwarzman and Blackstone
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461:. The plant was closed in 1983, and was later torn down to provide a space for a new
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1842:"Analysis of Proposed Consent Order to Aid Public Comment" Federal Trade Commission
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Reisch, Mark (17 July 1995). "Shell, Hoechst Celanese face $ 7 billion lawsuit".
851:
one-to-two plants in China and one in Texas that will produce TCX-based ethanol.
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547:(PBI), a material used to fabricate high-performance protective apparel used in
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In 1999, Hoechst spun off Celanese AG as a publicly traded German corporation,
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1866:"Celanese Health and Safety Culture is Zero Tolerance" ICIS Chemical Business
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1108:"Closing Mexico chemicals plant will cost Celanese Corp. up to $ 110 million"
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attacks. It was also situated in proximity to a ready source of water at the
362:, is an American technology and specialty materials company headquartered in
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672:
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31:
30:"Fortron" redirects here. For the electronic power supply manufacturer, see
958:"Celanese to cut jobs due to poor economic climate" ICIS News Jan. 15, 2009
55:
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centers, some 30 groups of products, and approximately 13,000 employees.
446:
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1350:"Company News; Celanese Canada in Talks to Sell Its Polyester Business"
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from acetyl intermediates, manufactures polymer and emulsions such as
17:
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660:
102:
1860:"A Pragmatic Response to Climate-Change Regulation" Automation World
1703:
476:
In 1947, Celanese started producing acetate fiber at its plant near
1551:
Class action dilemmas : pursuing public goals for private gain
437:
The American Cellulose and Chemical Manufacturing Co. Ltd plant in
765:
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528:
in 1982. This included the Fiber Industries Incorporated plant in
415:
399:
379:
367:
287:
1729:"Celanese faces U.S. road block on ethanol" Reuters Jun. 15, 2011
1629:"Cannon's Campground & Groundwater Pollution | Louthian Law"
1328:
701:
458:
1848:"Interview-Celanese CEO Looks to Shake Up Product Line" Reuters
659:
In late 2020, Celanese sold their 45% stake in Polyplastics to
1404:
1171:"Joint Ventures and New Frontiers (1960-1969) – Celanese Blog"
1554:. Hensler, Deborah R., 1942-. Santa Monica, CA: Rand. 2000.
1458:"Law prevents company from making fossil-fuel-based ethanol"
374:
corporation. The company is the world's leading producer of
1800:
971:"DuPont declares VAM force majeure" ICIS News Sep. 5, 2007
1854:"Dialogue: Innovating the Future" Manufacturing Executive
524:
Celanese bought operations of the British chemicals firm
457:
commercial fabrics and yarns intended as alternatives to
1201:"Durafiber Technologies employees look back at 50 years"
807:, as well as in the production of fashion apparel and
625:
On 21 January 2005, Celanese Corporation conducted an
506:, to showcase the company's new materials and styles.
336:
1706:[Global Top 20 Food Preservative Companies].
1654:"Companies ask court to dismiss class action lawsuit"
868:"Celanese Corporation 2023 Annual Report (Form 10-K)"
799:
Celanese is one of the world's largest producers of
1483:"How A Dumb Law Blocks A Great Way To Fuel America"
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72:, formerly the Celanese Building, completed in 1973
1599:"Tennessee Judge Approves Plastic Pipe Settlement"
1690:Celanese completes acquisition of SO.F.TER Grouop
539:In 1983, Celanese built a $ 20 million plant in
483:By 1958, Celanese had 13 domestic plants, three
1881:Companies listed on the New York Stock Exchange
671:In 1985, Hoechst Celanese was named along with
1901:Manufacturing companies based in Irving, Texas
1758:The American Synthetic Rubber Research Program
984:"Celanese to Build Acetic Acid Plant in China"
780:produces the high intensity sweetener Sunett (
569:In 1987, Celanese Corporation was acquired by
1660:. Spartanburg, South Carolina. Archived from
1444:"About Us | Sekisui Specialty Chemicals"
891:"Irving-based chemical company names new CEO"
8:
1324:"Hoechst sells Trevira to Koch/Mexican team"
48:
37:"Ticona" redirects here. For the place, see
1297:"Hoechst sells division for $ 2.7 billion"
516:Logo introduced in the 1970s, designed by
510:
63:
54:
47:
803:. Acetate products are primarily used in
1807:Business data for Celanese Corporation:
1652:Kitzmiller, Felicia (25 February 2014).
716:Celanese cellulose acetate factory near
1911:1918 establishments in New York (state)
1896:Chemical companies of the United States
1385:U.S. Securities and Exchange Commission
1026:"Hoechtst Celanese Corporation History"
876:U.S. Securities and Exchange Commission
859:
811:. Celanese also manufactures Clarifoil
1891:Chemical companies established in 1918
1886:American companies established in 1918
1575:
831:emulsions, and specialty chemicals as
934:"Celanese Acetic Acid Plant, Nanjing"
752:Advanced engineered materials offers
7:
1755:Turnbull Morris, Peter John (1989).
928:
926:
1761:. Pennsylvania Press. p. 258.
633:In June 2009, the company sold its
1501:S&P Global Market Intelligence
823:Industrial specialties, using the
25:
1229:"Celanese Sticks with the Basics"
1227:Greenhouse, Steven (1984-06-24).
1199:Raymond, Amanda (June 12, 2016).
1132:"Celanese Corporation of America"
1008:"History of CELANESE CORPORATION"
603:as "CZZ" and "CZ", respectively.
1783:
1403:David Carey and John E. Morris,
835:. Major end-use markets include
580:-based KoSa, a joint venture of
480:. The plant was closed in 2019.
313:
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135:Chemicals and advanced materials
1846:Ernest Scheyder (May 11, 2010)
1523:Chemical & Engineering News
1136:Chemical & Engineering News
1076:Wheeler, Timothy (1998-12-08).
562:its pharmaceutical business as
490:In 1959, Celanese commissioned
378:, producing about 1.95 million
347:Footnotes / references
1676:Celanese rileva SO.F.TER Group
1322:Williams, Grace (1998-04-22).
1295:Davis, Kathleen (1998-04-23).
1169:Reagan, Candace (2018-07-26).
776:The food ingredients business
606:On 16 December 2003, the U.S.
1:
1906:2005 initial public offerings
748:Advanced engineered materials
1597:Evans, Judith (1995-11-10).
1106:Carlson, Kara (2019-07-02).
1043:Meyer, Eugene (1983-10-03).
889:Stych, Anne (Apr 10, 2019).
526:Imperial Chemical Industries
153:; 106 years ago
1864:Lou Reade (March 25, 2010)
698:Spartanburg, South Carolina
70:1211 Avenue of the Americas
1927:
1744:" Retrieved Apr. 6, 2012.
1302:Spartanburg Herald-Journal
1148:10.1021/cen-v036n004b.p024
973:" Retrieved Jun. 29, 2010.
960:" Retrieved Jun. 29, 2010.
494:, a 20th-century American
36:
29:
1858:Wes Iversen (April 2010)
1731:" Retrieved Sep. 5, 2020.
1702:Wang, Yiyi (2021-09-29).
1535:10.1021/cen-v073n029.p008
988:www.businesswireindia.com
639:Sekisui Chemical Co., Ltd
541:Rock Hill, South Carolina
530:Salisbury, North Carolina
345:
62:
53:
27:American chemical company
1852:Paul Tate (May 4, 2010)
1012:referenceforbusiness.com
843:Advanced fuel technology
601:New York stock exchanges
485:research and development
478:Ocotlán, Jalisco, Mexico
1746:(subscription required)
1268:New York Stock Exchange
1112:The Dallas Morning News
896:Dallas Business Journal
627:initial public offering
620:New York Stock Exchange
504:New Canaan, Connecticut
317:US$ 7.09 billion (2023)
299:US$ 26.6 billion (2023)
281:US$ 1.96 billion (2023)
264:US$ 1.69 billion (2023)
1582:: CS1 maint: others (
1142:(4b): 24. 1958-01-27.
833:ethylene vinyl acetate
819:Industrial specialties
813:cellulose acetate film
720:
41:. For the person, see
1261:"Celanese AG History"
715:
667:Class action lawsuits
553:astronaut space suits
384:vinyl acetate monomer
772:Consumer specialties
724:Acetyl intermediates
441:, was set up during
439:Cumberland, Maryland
358:, formerly known as
356:Celanese Corporation
49:Celanese Corporation
1704:"2021年全球食品防腐剂企业20强"
1633:www.louthianlaw.com
1609:The Washington Post
1604:The Washington Post
1049:The Washington Post
1030:fundinguniverse.com
938:Chemical Technology
878:. 23 February 2024.
637:(PVOH) business to
608:private equity firm
584:, IMASAB S.A., and
502:,” a model home in
492:Edward Durell Stone
323:Number of employees
50:
1420:Celanese - History
1355:The New York Times
1233:The New York Times
1045:"City in Distress"
721:
549:firefighter's gear
472:After World War II
221:Scott Richardson (
214:Lori J. Ryerkerk (
1768:978-0-8122-8207-8
1561:978-0-8330-4394-8
1082:The Baltimore Sun
837:polyvinyl alcohol
829:polyvinyl acetate
805:cigarette filters
801:cellulose acetate
790:potassium sorbate
718:Narrows, Virginia
635:polyvinyl alcohol
545:polybenzimidazole
455:cellulose acetate
430:by Swiss chemist
410:, and a third in
353:
352:
16:(Redirected from
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1801:Official website
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1791:Companies portal
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360:Hoechst Celanese
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644:Celanese has a
582:Koch Industries
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432:Camille Dreyfus
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1664:on 2014-03-03.
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43:Israel Ticona
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1736:
1723:
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1710:(in Chinese)
1707:
1697:
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1684:
1675:
1670:
1662:the original
1657:
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1632:
1623:
1612:. Retrieved
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1543:
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1503:. 2020-10-09
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1466:. Retrieved
1462:the original
1452:
1438:
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1415:
1408:(Crown 2010)
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1388:. Retrieved
1384:
1375:
1365:– via
1360:. Retrieved
1358:. 1999-03-25
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1327:
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1255:
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1086:the original
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681:polybutylene
670:
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632:
624:
613:announced a
605:
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593:cross-listed
590:
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532:, a part of
523:
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466:
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355:
354:
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307:Total equity
288:Total assets
245:10.9 billion
180:Headquarters
125:US1508701034
78:Company type
1827:SEC filings
1212:October 31,
794:sorbic acid
788:Nutrinova,
730:acetic acid
654:natural gas
443:World War I
376:acetic acid
372:Fortune 500
197:Area served
143:Celanese AG
140:Predecessor
108:S&P 500
1875:Categories
1714:2022-02-14
1638:2020-09-05
1614:2024-02-01
1507:2024-04-10
1497:"60680466"
1468:2012-04-23
1390:2020-09-05
1362:2019-11-25
1335:2019-11-21
1308:2019-11-21
1281:2017-08-25
1246:2020-09-06
1185:2020-09-05
1117:2020-09-06
1092:2020-09-06
1062:2020-09-06
993:2020-09-05
943:2020-09-05
855:References
586:Grupo Xtra
392:Clear Lake
370:. It is a
271:Net income
207:Key people
1812:Bloomberg
1708:FoodTalks
1678:(Italian)
1578:cite book
1529:(29): 8.
1433:, p. 205.
1241:0362-4331
1156:0009-2347
1057:0190-8286
825:feedstock
778:Nutrinova
768:in 2016.
673:Shell Oil
597:Frankfurt
566:in 1986.
558:Celanese
518:Saul Bass
496:architect
408:Singapore
402:, one on
110:component
90:Traded as
32:FSP Group
1570:70768994
918:Contacts
708:Products
677:US Brass
648:to make
560:spun off
447:Zeppelin
396:Pasadena
394:area of
337:celanese
132:Industry
1822:Reuters
902:Apr 10,
872:SEC.gov
809:linings
784:), the
754:plastic
650:ethanol
646:process
578:Houston
571:Hoechst
564:Celgene
534:Invista
422:History
412:Nanjing
386:(VAM).
332:Website
233:Revenue
170:Founder
156: (
148:Founded
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1817:Google
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758:Ticona
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661:Daicel
380:tonnes
364:Irving
247:(2023)
201:Global
82:Public
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1275:(PDF)
1264:(PDF)
766:Italy
764:, in
762:Forlì
652:from
416:China
400:Texas
368:Texas
1763:ISBN
1584:link
1566:OCLC
1556:ISBN
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702:tort
690:US$
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190:U.S.
158:1918
151:1918
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