Celanese Corporation (NYSE:CE) (FWB:CZZ): today announced the appointment of Josh Cheng as president, Celanese China, starting May 16, 2005.

Since 1998 Cheng has held various leadership positions for General Electric (GE) in China, most recently as managing director for GE Equipment Service. Prior to joining GE, he was senior consultant and deputy chief representative for McKinsey & Company in China and country manager for the consulting firm Kamsky Associates.

Cheng graduated from Hebei University, China and attended a graduate program at the Chinese Academy of Social Science. He holds masters degrees in Economics from Stanford University, U.S.

Cheng succeeds George McGinn, who is assuming other leadership responsibilities within the company.

Celanese has been doing business in China since the 1960s and began to establish joint ventures in China in the 1980s. It has long-standing ventures in cellulose acetate, and has recently established a new polyacetal engineering plastics joint venture site in Nantong. In addition, Celanese operates a trading company in Shanghai and offices throughout mainland China. Most recently Celanese established a holding company in China, which incorporates all of Celanese's consolidated China operations and is headquartered in Shanghai. Celanese is currently in the construction phase of a 600,000 metric ton acetic acid plant in the Nanjing Chemical Industry Park, Nanjing. The plant is expected to be ready for production in late 2006/early 2007.

Celanese Corporation (NYSE:CE) is an integrated global producer of value-added industrial chemicals based in Dallas, Texas. The Company holds #1 or #2 market positions in products comprising the majority of its sales and has four major businesses: Chemicals Products, Technical Polymers Ticona, Acetate Products and Performance Products. Celanese has 29 production plants, with major operations in North America, Europe and Asia. In 2004, Celanese Corporation and its predecessor had combined net sales of $5.1 billion. The presentation of combined net sales of Celanese Corporation with its predecessor is not in accordance with U.S. GAAP. For more information on Celanese Corporation including a reconciliation of the combined net sales, please visit the company's web site at www.celanese.com.

Celanese Corporation （纽约证券交易所：CE）（FWB:CZZ）今天宣布其已任命Josh Cheng担任Celanese 中国区总裁，Josh Cheng将于2005年5月16日正式走马上任。

自1998年以来，Cheng 就在通用电气公司（GE）中国区担任各种领导职位，就在最近他还是通用电气公司设备服务部的执行总监。在加入通用电气前，他担任麦肯锡管理咨询公司中国区的高级顾问和首席代表职务，同时还是 Kamsky Associates咨询公司的区域经理。

Cheng毕业于中国河北大学，在中国社会科学院参加了硕士班课程的学习。并在美国斯坦福大学取得了经济硕士学位。

Cheng是接替George McGinn的职位，George McGinn目前正担当公司另外的领导职位。

Celanese自上个世纪60年代就开始在中国经营业务，上个世纪80年代其在中国建立了合资企业。旗下生产醋酸纤维的企业已经营多年，最近还在南通新建了一家生产聚醛树脂工程塑料的合资企业。除此之外，Celanese还在上海设有一家贸易公司，并且在中国各地设有办事处。不久前，Celanese在中国设立了一家股份公司，此股份公司坐落在上海，整合了Celanese公司在中国的所有业务。Celanese在位于南京的南京化学工业园内所创建的年产600,000吨乙酸的工厂正处于施工阶段。此工厂有望于2006年年末/2007年年初正式投产。

Celanese Corporation（纽约证券交易所：CE）位于德克萨斯州的达拉斯，是增值工业化学产品的全球综合性生产商。公司的产品以及其主要的销售位居市场第一位或第二位，其拥有四项主要业务：化学产品、工艺聚合物、醋酸酯产品以及特效产品。Celanese拥有29家生产工厂，主要分部在北美洲、欧洲以及亚洲。在2004年，Celanese Corporation和其前身共实现净收益51亿美元。Celanese Corporation和其前身所实现的这一组合收益并不是根据美国公认会计准则所计算的。关于Celanese Corporation（包括组合净收益）的更多信息，请访问公司的网站：
www.celanese.com

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