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News Breaks
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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December 18, 2014
14:59 EDTCECelanese upgraded to Buy from Neutral at Gilford Securities
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December 17, 2014
18:02 EDTCECelanese increases chemistry price
Celanese will increase list and off-list selling prices for Acetic Anhydride effective January 1, 2015, or as contracts allow, to $50/mt.
December 16, 2014
08:17 EDTCECelanese initiated with a Neutral at Nomura
Target $63.
December 10, 2014
07:40 EDTCEBofA/Merrill to hold a conference
2014 U.S. Basic Materials Conference is being held in Boston on December 10-11.

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