IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Acetic acid

Celanese Restarts Clear Lake Plant; Lowers Full-Year Outlook...

1:37 PM MDT | August 22, 2007 | Chemical Week Editorial Staff

Celanese says that it’s Clear Lake, TX acetic acid plant is now operating at its full capacity of 1.2-million m.t./year. Celanese declared force majeure at the site on May 14 after an unplanned outage, and said at the time that it expected to restart the plant by the end of May. Celanese extended the force majeure late last month, after two restart attempts failed (CW, Aug. 1/8, p. 24). Celanese anticipates the outage to reduce full-year earnings by 15 cts-25 cts/share. Celanese expects this to result in full-year 2007 earnings of $2.85-$3.00/share, down...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa