DELAWARE
(State
or other jurisdiction
of
incorporation)
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001-32410
(Commission
File
Number)
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98-0420726
(IRS
Employer
Identification
No.)
|
|
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|
|
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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|
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item
7.01
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Regulation
FD Disclosure.
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Item
9.01
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Financial
Statements and Exhibits.
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CELANESE CORPORATION | |||
Date:
December 7, 2009
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By:
|
/s/ Robert L. Villaseñor | |
Name : Robert L. Villaseñor | |||
Title :
Associate
General Counsel and
Assistant Secretary
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|||
Exhibit Number
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Description
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99.1
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Slide
Presentation related to the presentation to be given by Celanese
Corporation at the Bank of America Merrill Lynch 2009 Global Industries
Conference on December 9, 2009 in New York
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|
Portfolio
Characteristics
|
Financial
Impact
|
Acetyl
Intermediates
(Acetic
Acid, Vinyl Acetate
Monomer, Acetyl Derivatives) |
►
A global
leader
►
Advantaged
technology
►
Superior cost
position
|
►
Capital
efficient
►
More stable
EBITDA
|
Advanced
Engineered
Materials
(Engineered
Thermoplastics and
Polymers) |
►
Industry-leading
technology
►
Strong product
pipeline
|
►
Higher
growth
►
Margin
expansion
|
Industrial
Specialties
(Vinyl
Emulsions and Polymers)
|
►
Upstream
integration
►
Emerging
economy opportunities
►
Growth through
innovation
|
►
Asia
growth
►
Increased
demand for low VOC
|
Consumer
Specialties
(Acetate
Flake and Tow, High
Intensity Food Sweetener) |
►
Stable cash
generation
►
Industry-leading
partnerships in
Asia |
►
Cash
flow
►
Stable
|
|
|
|
Expanded
Earnings Power
|
|||||
|
Group
|
Capital
Structure Lever |
Demand
Lever |
Geographic
Lever |
|
Operating
Lever |
Innovation
Lever |
2009E
to
Recovery EBITDA Growth* |
|
Advanced
Engineered Materials |
|
X
|
X
|
|
X
|
X
|
$275-325MM
|
Consumer
Specialties |
|
|
X
|
|
X
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$10-60MM
|
|
|
X
|
X
|
|
X
|
X
|
$275-375MM
|
||
Industrial
Specialties |
|
X
|
X
|
|
X
|
X
|
$75-125MM
|
2010E
Cash Generation off EBITDA Base
|
||
$
in
millions
|
2010E
|
Comments
|
Cash
Taxes
|
$140
- $160
|
Consistent
with earnings growth and lower tax rate
|
Capital
Expenditures
|
$240
- $260
|
|
Reserve/Other
|
$110
- $130
|
Increase
primarily related to fixed spending
reduction efforts |
Net
Interest
|
$200
- $210
|
Unchanged
from 2009
|
Pension
|
$40
- $50
|
No
significant increase expected in 2010
|
Adjusted
Free Cash
Outflows |
$730
- $810
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|
Available
Cash
|
|
Cash
(as
of 9/30/2009)
|
$1,293
|
Kelsterbach
Spending
|
~($300)
|
Operating
Cash
|
~($300)
|
Cash
Available for
Strategic Purposes |
~$700
|
Company
|
Capacity
|
2007
|
2008
|
2009
|
2010
|
2011
|
BP
/ Sinopec
|
550
kt
|
|
|
|
|
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Sipchem
|
430
kt
|
|
|
|
|
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Sopo
(expansion)
|
600
kt
|
|
|
|
||
Wujing
(expansion)
|
500
kt
|
|
|
|
|
|
Yangkuang
Cathay
|
350
kt
|
|
|
|
|
|
Henan
Shunda
|
200
kt
|
|
|
|
|
HC
|
Tianjin
Bohei
|
200
kt
|
|
|
|
HC
|
|
Hualu
Hensheng
|
200
kt
|
|
|
|
|
HC
|
Henan
Yima
|
200
kt
|
|
|
|
||
Yunan
Yunwei
|
200
kt
|
|
|
|
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|
Kingboard
|
400
kt
|
|
|
|
|
|