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CE plans Lanaken closure; $55–65M non-cash depreciation outlined

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Celanese Corporation announced its intent to close its acetate tow facility in Lanaken, Belgium to streamline production costs across its global network. The company plans to permanently cease manufacturing operations in the second half of 2026, subject to a consultation process with the facility’s works council and union representatives.

Celanese expects total expenses of $70–90 million, including $55–65 million of non-cash accelerated depreciation of fixed assets and $15–25 million of other shutdown cash costs. The company expects cash outflows related to these actions during fiscal years 2026 through 2028. Employee termination costs will be determined following the consultation and disclosed afterward. Actual charges may vary depending on the consultation outcome.

Positive

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Insights

Planned plant closure with $70–90M charges; timing depends on consultation.

Celanese plans to shut its Lanaken acetate tow site to consolidate production. The targeted cessation in 2H 2026 follows required consultations with local works council and unions, a typical step for European closures that can influence timing and scope.

The company outlines $70–90M in expenses: $55–65M non-cash accelerated depreciation and $15–25M in other shutdown cash costs, with cash outflows spanning FY 2026–2028. Employee termination costs will be quantified after consultation, which may change the ultimate charge profile.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 28, 2025 (October 28, 2025)
CELANESE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware001-3241098-0420726
   
(State or other jurisdiction
of incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
222 West Las Colinas Blvd. Suite 900N, Irving, TX 75039
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972443-4000

N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s) Name of Each Exchange on Which Registered
Common Stock, par value $0.0001 per shareCENew York Stock Exchange
4.777% Senior Notes due 2026CE /26ANew York Stock Exchange
2.125% Senior Notes due 2027CE /27New York Stock Exchange
0.625% Senior Notes due 2028CE /28New York Stock Exchange
5.337% Senior Notes due 2029CE /29ANew York Stock Exchange
5.000% Senior Notes due 2031CE /31New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  
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Item 2.05Costs Associated with Exit or Disposal Activities.
On October 28, 2025, Celanese Corporation (“Celanese” or the “Company”) announced the intended closure of its facility in Lanaken, Belgium to help streamline the Company’s production costs across its global network. Celanese’s facility in Lanaken, Belgium is an acetate tow production site. This proposed cessation is subject to a consultation process with the applicable works council and union representatives at the facility, which the Company intends to initiate on or about October 31, 2025. The Company intends to permanently cease all manufacturing operations during the second half of 2026, subject to the completion of such consultation process.
As a result of this intended closure, the Company expects to record expenses, excluding employee termination costs, of approximately $70 – 90 million, consisting primarily of approximately $55 – 65 million of non-cash accelerated depreciation of fixed asset costs and approximately $15 – 25 million of other facility-related shutdown cash costs, with such cash outflows expected to occur during fiscal years 2026 through 2028.
In addition to these expenses, the Company expects to incur employee termination costs, which are subject to the above-referenced works council consultation. Until such consultation is concluded, the Company is unable to reasonably estimate the employee termination costs it will incur in connection with the intended actions. The Company will disclose the amount, type and timing of such costs promptly after they are determined.
The above charges are estimates; the actual charges may vary significantly based on various factors, including the outcome of the consultation process with the applicable works council and union representatives.
Item 7.01Regulation FD Disclosure
On October 28, 2025, the Company issued a press release announcing the intended closure of its facility in Lanaken, Belgium. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Forward-Looking Statements

The information set forth in this Current Report contains certain “forward-looking statements,” which include information concerning the Company’s plans, objectives, goals, expected future costs associated with the anticipated closure of the above-referenced facility in Lanaken, Belgium, and other information that is not historical information. 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 herein. Numerous factors, many of which are beyond the Company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. Certain of these risk factors are discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and other filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date it is made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date the statement is made.
Item 9.01Financial Statements and Exhibits
(d) The following exhibits are being filed herewith:
Exhibit
Number
 
Description
  
99.1
Press Release dated October 28, 2025.*
104Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document contained in Exhibit 101)
* In connection with the disclosure set forth in Item 7.01, the information in Item 7.01 of this Current Report, including the exhibit attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section. The information in Item 7.01 of this Current Report, including the exhibit, shall not be incorporated by reference into any filing
2


under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing. This Current Report will not be deemed an admission as to the materiality of any information in this Current Report that is required to be disclosed solely by Regulation FD.
3


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    
 
CELANESE CORPORATION
 
By:/s/ ASHLEY B. DUFFIE
Name:Ashley B. Duffie
Title:Senior Vice President, General Counsel and Corporate Secretary
Date:October 28, 2025
4

FAQ

What did Celanese (CE) announce in this 8-K?

Celanese intends to close its acetate tow facility in Lanaken, Belgium to streamline production costs, subject to a consultation process.

When does Celanese (CE) plan to cease operations at the Lanaken facility?

The company intends to permanently cease manufacturing operations during the second half of 2026, subject to completion of consultations.

How much in total charges does Celanese (CE) expect from the closure?

Celanese expects total expenses of $70–90 million related to the closure.

What portion of the expected charges is non-cash for Celanese (CE)?

The company expects $55–65 million of non-cash accelerated depreciation of fixed assets.

What cash costs are associated with the Lanaken shutdown for Celanese (CE)?

Celanese anticipates $15–25 million of other facility-related shutdown cash costs.

Over what period will Celanese’s (CE) cash outflows occur?

Related cash outflows are expected during fiscal years 2026 through 2028.

Has Celanese (CE) estimated employee termination costs for the closure?

Employee termination costs are subject to consultation and will be disclosed after they are determined.
Celanese Corp Del

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5.27B
109.00M
0.43%
107.35%
6.16%
Chemicals
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
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United States
IRVING