Celanese Receives Further Plumbing Case Reimbursement.DALLAS -- As a result of a settlement through mediation, CNA (Certified NetWare Administrator) See Novell certification. Holdings, Inc., an indirect, wholly-owned subsidiary of Celanese Corporation (NYSE NYSE See: New York Stock Exchange :CE), will receive $44 million as an insurance reimbursement, in exchange for the release of certain claims relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc previously reported plumbing matters. Celanese expects to receive this insurance reimbursement by the end of the first quarter of 2005. Celanese does not anticipate that this insurance reimbursement will impact net earnings. Celanese Corporation (NYSE:CE) is an integrated global producer of value-added industrial chemicals with 2004 sales of $5 billion. Based in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , the company holds #1 or #2 market positions in products comprising the majority of its sales and has four major businesses: Chemicals Products, Technical Polymers Ticona, Acetate Products and Performance Products. Celanese has 29 production plants, with major operations in North America, Europe and Asia. For more information, please visit the company's web site at www.celanese.com. Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company. |
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