18.06.2008 13:15:00

Celanese to Create Customer Application Development and R&D Center for Asia in Shanghai; Consolidate Business Headquarters

Celanese Corporation (NYSE: CE) today announced that Celanese China has signed an agreement with Shanghai Zhangjiang (Group) Co. Ltd to establish an integrated technology and marketing facility in the Zhangjiang High-Tech Park, Shanghai, that combines the headquarters for Celanese’s Asia businesses, customer application development and research and development center. Upon completion in early 2010, the 20,000 square-meter facility will join together the company's business segments in Asia, including Acetyl Intermediates, Advanced Engineered Materials and Consumer and Industrial Specialties. This consolidation and integration will deliver synergies that will be instrumental in creating added value for customers, with shorter lead times, greater flexibility and cost advantages. In addition, combining Celanese’s R&D center in Asia within this facility will bring together 300 to 400 Celanese scientists, design engineers and technical experts under one roof, significantly accelerating the transition, adaptation and development of Celanese’s state-of-the-art chemical technologies to better serve customers in Asia. "This R&D and application development center is the next phase of our investment in China and Asia that further positions us to meet our customers’ needs in the fastest growing region of the world,” said John J. Gallagher, III, executive vice president, and president, Acetyl Intermediates and Celanese Asia. "The Zhangjiang High-Tech Park’s award-winning infrastructure and support will enable Celanese to deliver world-class support for our customers in Asia.” Celanese also operates an integrated chemical complex in Nanjing, China, that houses seven operating units in one world-scale facility that utilizes shared infrastructure and resources. The Nanjing complex is one of the lowest-cost, most energy efficient facilities in the world and benefits from Celanese’s leading production technologies. In addition, Celanese recently announced that its Asian shared service functions will be consolidated and integrated at the Nanjing facility, further enhancing the company’s productivity and efficiency. As a global leader in the chemicals industry, Celanese Corporation makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.4 billion in 2007, with approximately 70% generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,400 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com. Forward-Looking Statements This release may contain "forward-looking statements,” which include information concerning the company’s plans, objectives, goals, strategies, future revenues or performance, capital expenditures, financing needs and other information that is not historical information. When used in this release, the words "outlook,” "forecast,” "estimates,” "expects,” "anticipates,” "projects,” "plans,” "intends,” "believes,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. Certain of these risk factors are discussed in the company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

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