DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced that a jury has ruled in its favor in litigation filed by Southern Chemical Corporation (“Southern”) relating to the terms of a multi-year methanol supply contract for Celanese’s U.S. and Mexico-based operations. The jury determined that the contract should continue until its expiration and found that Celanese did not violate the terms of the contract.
“We are pleased with the jury’s verdict and expect Southern to continue to supply methanol under the terms of our contract,” said Gjon N. Nivica, Jr., senior vice president, general counsel and corporate secretary.
Celanese Corporation is a global technology leader in the production of specialty materials and chemical products that 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 7,600 employees worldwide and had 2011 net sales of $6.8 billion, with approximately 73% generated outside of North America. For more information about Celanese Corporation and its global product offerings, visit www.celanese.com or the company’s blog at www.celaneseblog.com.
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