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Celanese Restarts Texas Plants

11:03 AM MDT | October 6, 2008 | Chemical Week Editorial Staff

Celanese says it has resumed operations at its Texas Gulf Coast facilities following shutdowns ahead of Hurricane Ike last month. Facilities at Bay City, Bishop, Clear Lake, and Pasadena suffered “minimal” structural damage, the company says. Celanese says it expects the closures to lower operating Ebitda by $10 million-$15 million but that these charges will not affect its full-year 2008 earnings guidance of...

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