Markets :: Basic Chemicals :: Petrochemicals :: Methanol
Celanese Wins Methanol Supply Suit
8:41 AM MDT | August 13, 2012 | Lindsey Bewley
Celanese says that a jury has ruled in its favor in litigation filed by Southern Chemical relating to the terms of a multiyear methanol supply contract for Celanese’s U.S.- and Mexico-based operations. The jury determined that the contract—under which Celanese has received about 800,000 m.t./year of methanol from Southern Chemical and has paid the company about $130 million each year—should continue until its expiration and found that Celanese did not violate the terms of the contract. The contract expires in 2015. Southern Chemical...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee