Celanese: Heavy Turnaround Season to Impact Second-Quarter Results

SUGAR LAND--April 20, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Executives with Celanese Corporation (NYSE:CE) (Irving, Texas) say plant turnarounds will put a dent in second-quarter profits for the acetyl products and advanced materials company. Celanese reported $257 million in first-quarter 2016 net earnings, up 9% from the same period in 2015. Industrial Info is tracking $152 million in active Celanese-related projects. Within this article: Details of Celanese's debottleneck project at Wilmington, North Carolina.