Acetex Chimie, a subsidiary of Celanese Corporation announced to cease all manufacturing operations and associated activities of Acetex Chimie, based in Pardies, France by December 2009. As per the agreement reached with the workers, the Company said 350 employees will their jobs in France while leaving North Texas jobs unaffected. The Pardies, France plant manufactures acetic acid and vinyl acetate monomer. As a result of the Pardies Project of Closure, Celanese expects to record exit cost expenses of approximately US$90-100 mln primarily in the H2 - 2009.
09-Jul-09 
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