{"schema_version":"secwatch.filing_event.v1","accession":"0001306830-23-000150","form_type":"8-K","ticker":"CE","cik":"0001306830","company_name":"Celanese Corp","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.571119+00:00","generated_at":"2026-06-09T04:18:08.612508+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Celanese to close PA66 and HPN units in Germany, expects $110–125M in exit costs","bullets":["Intended closure of Polyamide 66 and High-Performance Nylon polymerization units at Uentrop, Germany, subject to works council consultation.","Total expected expenses of $110-125M: $75-85M non-cash accelerated depreciation and $35-40M cash shutdown costs.","Cash outflows (contract termination, tax, asset retirement) expected during fiscal 2024; closure targeted for 2024.","Employee termination costs not yet estimable pending conclusion of consultation with works council and union."],"urls":{"canonical":"https://secwatch.observer/filing/0001306830-23-000150","json":"https://secwatch.observer/filing/0001306830-23-000150.json","markdown":"https://secwatch.observer/filing/0001306830-23-000150.md","text":"https://secwatch.observer/filing/0001306830-23-000150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1306830/000130683023000150/0001306830-23-000150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1306830/000130683023000150/ce-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:18:08.612508+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8462050219a82e0633f2f7acee47731b65cba92c","claim":"Celanese Corp announced a restructuring with charges of approximately $110-125 million affecting Polyamide 66 (PA66 or Nylon 66) and High-Performance Nylon (HPN) polymerization units at its facility in Uentrop, Germany.","evidence_excerpt":"process, to be completed in 2024. As a result of this intended closure, the Company expects to record expenses, excluding employee termination costs, of approximately $110-125 million, consisting primarily of approximately $75-85 million of non-cash accelerated depreciation of fixed asset costs and approximately $35-40 million of other","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1306830/000130683023000150/0001306830-23-000150-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $110-125 million"},{"label":"Affected area","value":"Polyamide 66 (PA66 or Nylon 66) and High-Performance Nylon (HPN) polymerization units at its facility in Uentrop, Germany"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}