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): April 27, 2009
CELANESE CORPORATION
(Exact Name of Registrant as specified in its charter)
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DELAWARE
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001-32410
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98-0420726 |
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(State or other jurisdiction
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(Commission File
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(IRS Employer |
of incorporation)
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Number)
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Identification No.) |
1601 West LBJ Freeway, Dallas, Texas 75234-6034
(Address of Principal Executive Offices) (Zip Code)
Registrants 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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 8.01 Other Events
On April 27, 2009, Celanese Corporation issued a press release announcing that it has entered into an
agreement to sell its polyvinyl alcohol (PVOH) business, which had 2008 annual sales of
approximately $300 million, to Sekisui Chemical Co., Ltd. for a purchase price of approximately
$173 million, excluding the value of accounts receivable and payable retained by Celanese. This
transaction is expected to be completed by mid-year 2009. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit Number |
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Description |
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99.1
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Press Release dated April 27, 2009 |
Forward-Looking Statements
This Current Report on Form 8-K may contain forward-looking statements, which include information
concerning the companys 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 outlook, forecast, 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. Numerous factors, many of which are beyond
the companys control, could cause actual results to differ materially from those expressed as
forward-looking statements. These factors include the inability to obtain regulatory approvals of
the transaction and satisfy conditions on the proposed terms and schedule and the possibility that
the transaction does not close. Other risk factors include those that are discussed in the
companys 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.