Expand Fairway JV methanol production capacity
Delivered by 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
- 22 Jul 2021
- Due
- 31 Dec 2023
- Delivered
- December 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Clear Lake Methanol Expansion (P,G,S) (2023): This project will not only expand our Fairway JV methanol production to just over 1.6 million tons”
What we found
Evidence strength A What the grades mean
Celanese commissioned a carbon capture and utilization project at its Fairway joint venture in December 2023, which expanded methanol production capacity as planned.
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A Celanese 8-K filed 2024-02-20
“In the fourth quarter we commissioned our latest AC enhancement via the expansion of our methanol production at Clear Lake, a carbon capture and utilization (CCU) project that increases our JV methanol capacity by 130 kt.” ✓ confirmed on the page
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A Celanese 10-K filed 2024-02-23
“The sustainable production of methanol ("MeOH") through carbon capture utilization at our Fairway joint venture MeOH unit in Clear Lake, Texas, using captured carbon dioxide as feedstock, was successfully commissioned and started in December 2023.” ✓ 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
- Expand
- Deliverable
- Fairway JV methanol production
- Target
- 1.6 million tons
- Where
- Clear Lake
- Language
- Firm (“will”, “on track to”)
- 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-2021-CE-017392 · Corrections policy