Houston Jury: Celanese’s $1.3 Billion Contract with Southern Chemicals is Valid
The $1.3 billion contract between Dallas-based Celanese Corporation and Houston-based Southern Chemical Corporation is valid and will continue until the agreement terminates in 2015, a Houston jury ruled Friday. The dispute dates back to 2005, when Southern made a deal with Celanese to supply Celanese with methanol until 2015 – the year the acetyls producer expects to have its own methanol plant up and running.









