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Celanese Corporation
1601 West LBJ Freeway
Dallas, Texas 75234-6034
U.S.A.

W. Travis Jacobsen
Phone +1-972-443-3750
Fax +1-972-443-8519
William.Jacobsen@celanese.com


Media Contact Asia

Phoebe Li
Phone: +86 21 3861 9289
Fax : +86 21 3861 9577
Phoebe.Li@celanese.com.cn

Media Contacts Europe

Jens Kurth
Phone +49 (0) 6107 772 1574
Fax +49-(0) 6107 772 7231
J.Kurth@celanese.com






Dec 21, 2009 13:30:00  Press release issued by Celanese Corporation

Celanese Acquires Long-fiber Thermoplastics Business of FACT

DALLAS and KELSTERBACH, Germany Celanese Corporation (NYSE: CE), a leading, global chemical company, today announced the acquisition of the long-fiber reinforced thermoplastics (LFT) business of FACT GmbH (Future Advanced Composites Technology) of Kaiserslautern, Germany, a business unit of The Ravago Group.

Completion of the change of ownership will occur on December 31, 2009. Financial details of the transaction were not disclosed.

FACT is a leading producer of long-fiber reinforced thermoplastics (LFT) used in injection moulding, extrusion, compression moulding and blow moulding applications.

“Celanese continues to execute our strategy to build advantaged positions through strategic uses of cash for high-return projects to grow our business where we have sustainable advantages,” said David Weidman, chairman and chief executive officer, Celanese.

The acquisition will support Celanese’s Advanced Engineered Materials business segment, specifically Ticona Engineering Polymers, by building upon Ticona’s LFT process technology and broadening specific product offerings to improve the capability to grow with its customers through a new production site in Kaiserslautern.

“This acquisition will grow the company’s Celstran® product line, expand industry coverage, and combine development capabilities of both companies to serve increasingly demanding customer and segment expectations in the automotive industry and in general industrial applications,” concluded Roeland Polet, vice president, Ticona.

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Contacts:

Investor Relations
Mark Oberle
Phone: +1 972 443 4464
Telefax: +1 972 332 9373
Mark.Oberle@celanese.com

Media Americas  
Travis Jacobsen
Phone: +1 972 443 3750
Telefax: +1 972 443 8519
William.Jacobsen@celanese.com

Media Europe 
Jens Kurth
Phone: +49-(0) 6107-772-1574
Telefax: +49-(0) 6107-772-7231
J.Kurth@celanese.com


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