Item 8.01 Other Events.
On November 20, 2008, Celanese Corporation (the "Company") issued a press
release announcing that its full year 2008 results are expected to be below its
previous outlook. The Company noted that continued weakening of the global
economy, significant inventory destocking throughout its end-consumers' supply
chains, and the previously announced unplanned outage and related force majeure
at its AT Plastics facility are impacting its fourth quarter results. Due to
these factors, and increased uncertainty in global demand, the Company has
chosen not to provide an updated full year outlook for 2008. The Company's
previous guidance issued on October 21, 2008, should no longer be relied upon.
A complete copy of the press release is attached to this Current Report on
Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number Description
99.1 Press Release dated November 20, 2008
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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.
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