21.07.2011 01:00:00

Third Party Engineering Experts Validate Celanese’s TCX™ Advanced Ethanol Technology

Celanese Corporation (NYSE:CE), a global technology and specialty materials company, today published independent, third-party analyses of Celanese TCX™, its proprietary technology for ethanol production. Under non-disclosure agreements to protect the intellectual property rights and maintain confidentiality, Fluor Corporation and WorleyParsons evaluated the company’s advanced ethanol technology that uses basic hydrocarbon feedstocks in the manufacture of fuel and industrial ethanol.

"We believe the evaluation and validation by these well-respected firms provides an additional measure of confidence in our ethanol technology,” said Jim Alder, senior vice president, operations and technical.

Following are excerpts from the third-party reviews:

Fluor

Fluor is a FORTUNE 500 company that delivers engineering, procurement, construction, maintenance (EPCM), and project management services to governments and clients in diverse industries around the world.

  • "Fluor has completed an independent assessment of the proprietary technology Celanese has developed for the production of ethanol. The technology is based on a novel catalyst system that was developed by researchers at Celanese. In addition, a simple and elegant flowsheet comprised of a small number of process sub-systems that can be readily scaled was conceived and designed by process technologists at Celanese.”
  • "The results of this review lead Fluor to the professional opinion that the 400 kta plant as designed will meet capacity and conversion targets.”

WorleyParsons

WorleyParsons is a leading provider of engineering, procurement and construction management services to the resources and energy sectors and complex process industries.

  • "The field of chemistry in which this process will operate is well known to Celanese and is one in which they have occupied a leading world-class position for many years. They have a good understanding and knowledge of the chemical behavior, physical properties and thermodynamics of the principal components..."
  • "The 400 kta ethanol plant in China that Celanese intends to build using this new process technology can meet the desired operational targets of capacity and efficiency.”

The Fluor executive summary of the evaluation and additional materials related to the technology, including frequently asked questions (FAQ), can be found at www.CelaneseTCX.com.

About Celanese

Celanese Corporation is a global technology leader in the production of specialty materials and chemical products which are used in most major industries and consumer applications. Our products, essential to everyday living, are manufactured in North America, Europe and Asia. Known for operational excellence, sustainability and premier safety performance, Celanese delivers value to customers around the globe with best-in-class technologies. Based in Dallas, Texas, the company employs approximately 7,250 employees worldwide and had 2010 net sales of $5.9 billion, with approximately 72% generated outside of North America. For more information about Celanese Corporation and its global product offerings, visit 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 "will,” "intends,” "expects,” "outlook,” "forecast,” "estimates,” "anticipates,” "projects,” "plans,” "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.

The company’s ability to successfully complete the initiatives referred to in this press release is subject to numerous factors and contingencies, many of which are beyond the company’s control. These include: changes in general economic, business, political and regulatory conditions in the countries or regions in which we operate; the length and depth of product and industry business cycles; changes in the price and availability of raw materials; the ability to implement planned capacity additions and expansions; increased price competition and the introduction of competing products by other companies; market acceptance of our technology; the ability to obtain governmental approvals and to construct facilities on terms and schedules acceptable to the company; changes in the degree of intellectual property and other legal protection afforded to our products and processes; compliance and other costs and potential disruption or interruption of production due to accidents or other unforeseen events or delays in construction or operation of facilities, including as a result of geopolitical conditions, including the occurrence of acts of war or terrorist incidents, or as a result of weather or natural disasters; the impact of technological developments and competition; unanticipated operational or commercialization difficulties, including failure of facilities or processes to operate in accordance with specifications or expectations; the cost and availability of capital necessary to fund plant construction and expansion; the unavailability of required materials and equipment; the ability to achieve the anticipated cost structure; the growth in demand for products produced from our technology in certain industries or geographic regions; the adoption of new or different industry or regulatory standards; and the ability of third parties, including our commercial partners or suppliers, to comply with their commitments to us.

Any of these factors or others not named herein could cause the company to abandon the referenced transactions or cause the company’s actual results to differ materially from those expressed as forward-looking statements. In addition, other risk factors that could cause actual results to differ materially from the forward-looking statements contained in this release include those that 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 statement 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.

Celanese is a registered trademark of Celanese International Corporation. TCX is a trademark of Celanese International Corporation.

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