Celanese Corporation Names Sandra Beach Lin Executive Vice President, Celanese, and President,
Ticona
DALLAS, July 6, 2007
Celanese Corporation (NYSE: CE), a global hybrid chemical company, today
announced that it has named Sandra (Sandy) Beach Lin, 49, executive vice president of Celanese and
president of Ticona, its engineered materials business. She replaces Lyndon Cole, who has announced
his retirement and will remain with the company during a transition phase.
Sandys experience as a global leader in a variety of specialty materials businesses will help
Celanese continue our strong track record of performance, growth and innovation in our advanced
engineered materials businesses, said Celanese Chairman and CEO David Weidman. She and the Ticona
leadership team will focus on execution of key business strategies, including growth in Asia, as
well as exploring and developing new markets and customer applications.
Lin most recently served as group vice president, Specialty Materials and Converting, at Avery
Dennison Corporation. Her experience also includes global leadership positions with Closure Systems
International, a division of Alcoa, and Honeywell International, including serving as president of
Bendix Commercial Vehicle Systems and vice president and general manager of Specialty Wax and
Additives.
Lin earned a bachelors degree in business administration from the University of Toledo, and an MBA
from the University of Michigan.
Regarding Coles retirement from Celanese, Weidman said, I want to thank Lyndon for his
outstanding contributions to Celanese. His tireless focus on the customer has made us a better
company. Our employees and shareholders have benefited from his leadership to build a stronger
Ticona and position Celanese for greater growth.
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Contacts:
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Investor Relations
Mark Oberle
Phone: +1 972 443 4464
Telefax: +1 972 332 9373
Mark.Oberle@celanese.com
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Media
Jeremy
Neuhart
Phone: +1 972 443 3750
Telefax: +1 972 443 8519
Jeremy.Neuhart@celanese.com
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As a global leader in the
chemicals industry, Celanese Corporation makes products essential to everyday living. Our products,
found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales
totaled $6.7 billion in 2006, with approximately 60% generated outside of North America. Known
for operational excellence and execution of its business strategies, Celanese delivers value to customers
around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company
employs approximately 8,900 employees worldwide. For more information on Celanese Corporation,
please visit the companys website at www.celanese.com.
Forward-Looking
Statements
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release may contain forward-looking statements, which include information concerning the
companys plans, objectives, goals, strategies, future revenues or performance,
capital expenditures, financing needs and other information that is not historical information. When used in
this release, the words outlook, forecast,
estimates, expects, anticipates,
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believes, and variations of such words or similar expressions are intended to identify
forward-looking statements. All forward-looking statements are based upon current
expectations and beliefs and various assumptions. There can be no assurance that the company
will realize these expectations or that these beliefs will prove correct. There are a
number of risks and uncertainties that could cause actual results to differ materially
from the forward-looking statements contained in this release.
Numerous factors, many of which are beyond the companys control, could cause actual
results to differ materially from those expressed as forward-looking statements. Certain of these
risk factors are discussed in the companys filings with the Securities and Exchange Commission. Any
forward-looking statement speaks only as of the date on which it is made,
and the company undertakes no obligation to update any forward-looking statements to
reflect events or circumstances after the date on which it is made or to reflect
the occurrence of anticipated or unanticipated events or
circumstances.
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