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Celanese Corporation declares quarterly dividend of USD0.62 per share

October 18/2019

MOSCOW (MRC) -- Celanese Corporation, a global chemical and specialty materials company, declared a quarterly cash dividend of USD0.62 per share on its common stock, payable November 7, 2019, as per the company's press release.

The dividend is payable to stockholders of record as of October 28, 2019.

As MRC informed earlier, Celanese Corporation has been progressing in restarting on-site production units after experiencing an emergency incident on Saturday, September 21, at its Clear Lake facility in Pasadena, Texas. The Fairway Methanol unit has restarted and has been approaching full operating rates. The acetic acid and vinyl acetate monomer (VAM) production units are planned for restart at reduced rates during October, with full operating rates expected for all production units at Clear Lake within the fourth quarter of 2019. 

We remind that Celanese Corporation experienced an emergency incident at approximately 12:00 noon Central time on Saturday, Sept. 21, at the Celanese Clear Lake facility in Pasadena, Texas.

According to MRC's DataScope report, July EVA imports to Russia increased by 4% year on year to 3,490 tonnes from 3,350 tonnes in July 2018, and overall imports of this grade of ethylene copolymer into the Russian Federation decreased in January-July 2019 by 14, 3% year on year to 22,440 tonnes (26,170 tonnes in the first seven months of 2018).

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Based in Dallas, Celanese employs approximately 7,700 employees worldwide and had 2018 net sales of USD7.2 billion.


mrcplast.com
Author:Margaret Volkova
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Category:General News
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