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Pertamina to collaborate with Celanese to develop fuel ethanol projects using Celanese TCX process in Indonesia; use of lower-rank coal

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Celanese Corporation has entered into a Joint Statement of Cooperation to advance the development of fuel ethanol projects with Pertamina, the state-owned energy company of Indonesia. Celanese’s TCX Technology can help Indonesia meet its growing demand for affordable, locally-sourced, high quality and safe liquid transportation fuel.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

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As it announced during its investor conference earlier this week, Celanese Corporation, a global technology and specialty materials company, has increased its 2013 earnings growth objectives to adjusted earnings per share of at least $6.00, or operating EBITDA of at least $1.7 Source: Celanese. Click to enlarge. Earlier post.).

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