Thursday, July 19, 2007

UPDATE 1-Celanese withdraws 2007 outlook, extends force majeure

(Reuters) - Shares of the Dallas-based company were down $1.72, or 4.2
percent, to $39.55 in afternoon trading on the New York Stock
Exchange after touching as low as $38.28.




The company said it will inform its acetic acid and
derivatives customers that the force majeure at the facility
announced on May 14 will continue, as repairs made to the plant
have been unsuccessful.


Read more at Reuters.com Market News

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