29.12.2005 13:54:00
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Celanese Sells Common Shares in PEMEAS Fuel Cell Technologies
Celanese created the fuel cell joint venture known as PEMEAS GmbHin early 2004 with a consortium of private investors. In line with itsstrategy to divest non-core businesses, Celanese announced in January2005 its intention to completely withdraw from this business.
Celanese Corporation (NYSE:CE) is an integrated global producer ofvalue-added industrial chemicals based in Dallas, Texas. The Companyhas four major businesses Chemical Products, Technical PolymersTicona, Acetate Products and Performance Products with productionplants in North America, Europe and Asia. In 2004, CelaneseCorporation and its predecessor had combined net sales of $5.1billion. The presentation of combined net sales of CelaneseCorporation with its predecessor is not in accordance with U.S. GAAP.For more information on Celanese Corporation including areconciliation of the combined net sales, please visit the company'sweb site at www.celanese.com.
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Celanese Corp. | 49,78 | -0,80% |
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