Celanese Corporation and Mitsui & Co. Ltd. announced that the two companies have signed an agreement to establish a 50:50 joint venture for the production of methanol at Celanese's integrated chemical plant in Clear Lake, Texas. The planned methanol unit will utilize abundant, low-cost natural gas in the U.S. Gulf Coast region as a feedstock and will benefit from the existing infrastructure at Celanese's Clear Lake facility. As a result, the total shared capital and expense investment in the facility is estimated to be approximately $800 million. Celanese's portion of the investment is estimated to be approximately $300 million, in addition to the previously invested assets at the Celanese Clear Lake facility. The planned methanol facility will have an annual capacity of 1.3 million tons and is expected to begin operations in mid-2015.

Celanese Corporation Presents at Goldman Sachs Basic Materials Conference 2013, May-22-2013 09:10 AM. Venue: New York, New York, United States. Speakers: Steven M. Sterin, Chief Financial Officer and Senior Vice President.

Celanese Corporation announced that its board of directors has approved a 20% increase in the company's quarterly common stock cash dividend. The dividend rate increased from $0.075 to $0.09 per share of common stock on a quarterly basis and from $0.30 to $0.36 per share of common stock on an annual basis. The new dividend rate will be applicable immediately. This is the company's fourth consecutive year of dividend increases, which have averaged 23% over this period. Celanese Corporation also declared a quarterly cash dividend of $0.09 per share on its Series A common stock, payable on May 16, 2013. The dividend is payable for the period beginning February 1, 2013 and ending on and including April 30, 2013 to stockholders of record as of May 6, 2013.