---
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"
generated_at: "2026-06-09T04:18:08.612508+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Celanese to close PA66 and HPN units in Germany, expects $110–125M in exit costs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001306830-23-000150
- JSON: https://secwatch.observer/filing/0001306830-23-000150.json
- Plain text: https://secwatch.observer/filing/0001306830-23-000150.txt

## Key facts
- Restructurings & Charges
  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.
  - Type: restructuring
  - Charge: approximately $110-125 million
  - Affected area: Polyamide 66 (PA66 or Nylon 66) and High-Performance Nylon (HPN) polymerization units at its facility in Uentrop, Germany
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1306830/000130683023000150/0001306830-23-000150-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.