Complete construction of a new acetic acid production unit at Clear Lake
Delivered after the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 27 Apr 2020
- Due
- 30 Jun 2023
- Delivered
- Q1 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“the construction of a new acetic acid production unit at Clear Lake, as part of our global acetic acid reconfiguration, will be deferred by approximately 18 months, and is now expected to be complete by”
What we found
Evidence strength A What the grades mean
The company failed to complete the acetic acid unit by the mid-2023 deadline, ultimately commissioning and starting the unit in the first quarter of 2024.
-
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 -1.7% against the S&P 500 over the three sessions around the disclosure (9 May 2024 to 14 May 2024). What this measures
Checked 20 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +275 days
- 2 versions
-
Version 1 · original · stated 27 Apr 2020
Deadline 30 Jun 2023 (“by the middle of 2023”) · wording expected
-
Version 2 · stated 9 May 2023
Deadline 30 Sep 2023 (“in the third quarter”)
“Once we complete the commissioning and startup processes in the third quarter”
-
Version 3 · stated 6 Nov 2023
Deadline 31 Mar 2024 (“the first quarter of 2024”) · wording expected
“start-up of our new acetic acid unit at Clear Lake, expected in the first quarter of 2024”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Construction
- Indicative materiality
- Medium rules
- Action
- Complete
- Deliverable
- New acetic acid production unit
- Where
- Clear Lake
- Language
- Expected (“expects”, “plans”)
- 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.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2020-CE-017371 · Corrections policy