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March 31, 2014
09:02 EDTCECelanese explores plans for methanol production unit at Texas facility
Celanese announced its intent to explore plans to construct a methanol production unit at the company’s Bishop, Texas, facility. Celanese is preparing to apply for the necessary environmental construction permits for a methanol unit with an expected annual capacity of 1.3M tons at the company’s Bishop facility. Construction of this unit in Bishop would be subject to receipt of economic incentives from government authorities. The methanol unit would utilize abundant, low-cost natural gas in the U.S. Gulf Coast region as a feedstock and would benefit from the existing infrastructure at the site. The Bishop methanol unit would be similar in scope and scale to the methanol unit under construction at the company’s Clear Lake, Texas, integrated chemical plant. Celanese would also consider a joint venture structure for the Bishop methanol unit in a similar fashion to the joint venture methanol unit currently being constructed at the Clear Lake plant.
News For CE From The Last 14 Days
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July 25, 2014
10:29 EDTCECelanese management to meet with Jefferies
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July 21, 2014
18:01 EDTCECelanese announces GUR, GHR UHMW-PE price increase in Europe
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July 18, 2014
08:35 EDTCECelanese price target raised to $70 from $64 at UBS
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July 17, 2014
18:31 EDTCEOn The Fly: After Hours Movers
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17:02 EDTCECelanese sees 2014 adjusted EPS growth 15%-17%
17:01 EDTCECelanese reports Q2 adjusted EPS $1.47, consensus $1.24
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15:26 EDTCENotable companies reporting after market close
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