SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 24, 2008
CELANESE CORPORATION
(Exact Name of Registrant as specified in its charter)
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| DELAWARE | | 001-32410 | | 98-0420726 |
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(State or other jurisdiction
of incorporation) | | (Commission File
Number) | | (IRS Employer
Identification No.) |
1601 West LBJ Freeway, Dallas, Texas 75234-6034
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code:(972) 443-4000
Not Applicable
(Former name or former address, if changed since last report):
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| o | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
Item 8.01 Other Events.
Celanese Corporation (the “Company”) has declared a force majeure on its specialty polymers products produced at its AT Plastics facility in Edmonton, Canada as a result of the events and subsequent cessation of production which occurred on Friday, October 24, 2008.
The Company has notified customers and is examining the available inventory of product. Upon completion of this assessment, the Company intends to allocate the available inventory among its customers in a fair and reasonable manner.
AT Plastics, the specialty polymers business of the Company, was acquired in 2005 as part of the Company’s acquisition of Acetex Corporation and generated approximately $225 million of net sales in 2007. The potential financial impact of these events and the force majeure and the facility’s expected restart date are unknown at this time.
Forward-Looking Statements
The information in this Current Report on Form 8-K contains “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 report, the words “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “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. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Certain of these risks 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 statements 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.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | CELANESE CORPORATION | | |
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| | | By | | /s/ Robert L. Villaseñor | | |
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| | | | | Name: Robert L. Villaseñor | | |
| | | | | Title: Associate General Counsel and Assistant Secretary | | |
Date: October 26, 2008
