Celanese Forecasts 2016 Capex at Low End of Guidance Range
Celanese Forecasts 2016 Capex at Low End of Guidance Range
SUGAR LAND--October 19, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Celanese Corporation (NYSE:CE) (Irving, Texas) expects capital expenditures this year to be at the lower end of the $250 million to $300 million guidance range, according to executives with the acetyl products and advanced materials company. In comparison, capital expenditures in 2015 totaled $306 million, reflecting the completion a methanol plant unit addition at its Pasadena-Clear Lake site in Texas. Industrial Info is tracking active Celanese capital projects worth $953 million.
Within this article: Capital expenditure expectations by Celanese.
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