Achieve mechanical completion of the acetic acid reconfiguration project and capacity expansion
Delivered after the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 27 Apr 2020
- Due
- 31 Dec 2023
- Delivered
- Q1 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Acetyl Chain shifted the timeline associated with the acetic acid reconfiguration project and related capacity expansion in Clear Lake; mechanical completion is now estimated in 2023.”
What we found
Evidence strength A What the grades mean
The company missed the 2023 deadline for mechanical completion of the Clear Lake acetic acid expansion, with filings confirming it was commissioned and started in the first quarter of 2024.
-
A Celanese 8-K filed 2024-02-20
“The unfavorable impact would have been significantly reduced if our Clear Lake acetic acid expansion was operational” ✓ confirmed on the page
-
A Celanese 10-Q filed 2024-05-10
“the planned expansion of our acetic acid unit at Clear Lake, Texas was successfully commissioned and started in the first quarter of 2024” ✓ confirmed on the page
Market reaction: the shares moved -2.6% against the S&P 500 over the three sessions around the disclosure (16 Feb 2024 to 22 Feb 2024). What this measures
Checked 20 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Capacity change
- Indicative materiality
- Medium rules
- Action
- Achieve
- Deliverable
- acetic acid reconfiguration project and capacity expansion
- Where
- Clear Lake
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-CE-017370 · Corrections policy