| About This Company 
                    
                    Celanese Corporation 
                    History 
                    2002 
                    - The Rurchemie plant in Oberhausen celebrates its 75th 
                    anniversary on October 28th, while the Pampa, Texas site 
                    celebrates its 50th anniversary.
 October 25, 1999 
                    - Celanese AG becomes a publicly traded German stock 
                    corporation listed on the New York and Frankfurt stock 
                    exchanges.
 
 October 22, 1999 
                    - Celanese AG is entered into the German Commercial 
                    Register.
 
 July 16, 1999 
                    - At an Extraordinary General Meeting of Hoechst AG, the 
                    overwhelming majority of shareholders agrees to spin off 
                    Celanese AG into an independent company. The so-called 
                    demerger is part of Hoechst's strategy of focusing on its 
                    life science businesses.
 
 1998 
                    - At its autumn press conference, Hoechst announces plans to 
                    demerge most of its chemical activities to the new Celanese 
                    AG because it is the most direct, quickest and simplest way 
                    to speed up the transformation of the Group. On December 1, 
                    Hoechst and Rhône-Poulenc S.A. announce their plans to merge 
                    their life science businesses into the new company Aventis 
                    S.A., based in Strasbourg.
 
 1997 
                    - As a result of the strategic realignment of Hoechst AG, 
                    the various businesses are transferred to independent 
                    companies. The global basic chemical, cellulose acetate, 
                    phosphorous and chlorine businesses become part of Celanese. 
                    The independent company Ticona - market leader in the field 
                    of polyacetals - runs the technical polymers business.
 
 In May, the Annual General Meeting approves the realignment 
                    of the Group. On July 1, Hoechst AG becomes a Strategic 
                    Management Holding company and no longer does any operating 
                    business itself.
 
 1994 
                    - "Transition '94": the beginning of the realignment of the 
                    Group and the introduction of a new organizational 
                    structure.
 
 1987 
                    - Hoechst AG acquires Celanese Corporation for $2.85 
                    billion. After the approval of the friendly takeover by the 
                    U.S. cartel authorities on February 20, 1987, Celanese and 
                    American Hoechst Corporation join forces to form Hoechst 
                    Celanese Corporation in the U.S. Celanese strengthens 
                    Hoechst's fiber, organic chemical and specialty chemical 
                    businesses.
 
                    1979 
                    - Hoechst takes over the polyester film business of Celanese 
                    in Greer, North Carolina. 
                    
 1961 
                    - Celanese Corporation of America and Hoechst AG set up the 
                    Ticona Polymerwerke joint venture in Kelsterbach, Germany. 
                    The production of the polyacetate Hostaform, a 
                    high-performance plastic for technical applications, begins 
                    in 1963.
 
 1956 
                    - Camille Dreyfus dies. He was one of the founders of 
                    Celanese and was President of Celanese Corporation of 
                    America for 27 years. After the death of his brother and 
                    co-founder Henri in 1945, Camille Dreyfus was also Managing 
                    Director of British Celanese.
 
 1945-1960 
                    - In the U.S., Celanese establishes production plants in the 
                    Texan cities of Bishop in 1945, Corpus Christi in 1946 and 
                    Pampa in 1952 for the production of acetaldehyde, 
                    formaldehyde, methanol, and acetone. But Celanese fibers 
                    remain the company's most important product line. The use of 
                    acetate tow in cigarette filters opens up a new business 
                    area.
 
 1927 
                    - The Dreyfus brothers' U.S. 
                    subsidiary changes its name from Amcelle to "Celanese 
                    Corporation of America". The company, which produces fibers, 
                    plastics and chemicals, becomes one of the largest chemicals 
                    manufacturers in the country. In 1926, Celanese Canada is 
                    founded. From 1927 onwards, artificial silk is produced at 
                    the Canadian factory in Drummondville.
 
 1921 
                    - British Celanese begins commercial production of acetate 
                    yarn, taking advantage of a number of its new inventions, 
                    ranging from the technique used to spin thread to the 
                    treatment of dyed fibres. This change in direction ensures 
                    the company's survival.
 
                    1918 
                    - The company gets into difficulties when all its paint 
                    contracts are cancelled after the First World War. The 
                    Dreyfus brothers concentrate on the production of acetate 
                    fibers. "British Celanese & Chemical Manufacturing Co." 
                    changes its name to "British Celanese Limited". 
                    
 1917 
                    - Under the guidance of Camille Dreyfus, "The American 
                    Cellulose & Chemical Manufacturing Company", known as "Amcelle" 
                    for short, is founded in New York with a production facility 
                    in Cumberland, Maryland.
 
 1916 
                    - The British Government invites the Dreyfus brothers to 
                    Britain to produce their new airplane paint along with the 
                    intermediate product acetic acid which was being imported 
                    from Canada at the time due to the First World War. The 
                    British Government patented the process developed by Henri 
                    Dreyfus which lowered the costs of acetic acid anhydride 
                    production. "British Celanese & Chemical Manufacturing Co." 
                    is set up. Henri Dreyfus manages the company with its 
                    workforce of 14,000.
 
 1913 
                    - The company "Cellonit" is established. Cellonit 
                    contributes greatly to the development of new film materials 
                    and finds a sponsor in the Parisian film industrialist Pathe. 
                    The product line is diversified to include paints for German 
                    airplanes and Zeppelins.
 
 1912 
                    - Henri Dreyfus, who was working for Hoffmann La Roche at 
                    the time, asks the entrepreneur Alexander Clavel-Respinger 
                    for financial support and assistance in the production of 
                    fireproof celluloid out of cellulose acetate. On December 
                    28, 1912, Clavel and the two Dreyfus brothers set up "Cellonit 
                    Gesellschaft Dreyfus & Co." in Basle.
 
 1880 
                    - "Farbwerke vorm. Meister Lucius 
                    & Brüning", the predecessor of Hoechst AG, modernizes its 
                    legal structure by becoming a joint stock company and lists 
                    its shares on the Frankfurt stock exchange in 1888.
 
 1863 
                    - Carl Friedrich Wilhelm Meister, Eugen N. Lucius und Ludwig 
                    August Müller set up a production facility in Höchst am Main 
                    to manufacture coal tar dyes. The chemist Adolf Brüning, who 
                    became a co-partner in 1865, five workers and a clerk formed 
                    the company's first workforce. Hoechst's first product was 
                    fuchsine, a purple-red dye, earning the young company the 
                    nickname of the "Red Factory" among its neighbors. Based on 
                    hard coal products, a wide range of dyes were developed and 
                    sold throughout the world.
 
                     Source: 
                    www.celanese.com |