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Celanese’s Unit to Play ‘Critical Role’ in Reaching Growth Targets

10:17 AM MST | January 14, 2008 | Kate Phillips

Celanese says it expects its consumer and industrial specialties unit to generate more than $100 million in additional Ebitda by 2009, one year ahead of schedule, Doug Madden, president/acetate, emulsions, and polyvinyl chloride (PVOH), told investors at a conference held last month in New York. The growth target is part of Celanese’s plans to boost additional operating Ebitda by $350 million-$400 million by 2010 from its 2006 baseline (CW, Dec. 19/26, 2007, p. 10). Celanese’s $2.5-billion consumer and industrial specialties business includes acetate...

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