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CelaneseCelanese is a large American chemical company. Celanese was the name for a new synthetic fiber first spun in 1921. The company later was named Celanese Corporation of America, then shortened to Celanese Corp. In 1987 this company merged with American Hoechst to form a Hoechst subsidiary in the US, Hoechst Celanese. It produced chemicals, fibers, pharmaceuticals and plastics. In 1996, Celanese had worldwide sales of $4.3 billion and operating profits of $484 million. External links * http://www.celanese.com/demerger_report.pdf
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