Advertisement
Singapore markets closed
  • Straits Times Index

    3,290.70
    +24.75 (+0.76%)
     
  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     
  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • Bitcoin USD

    60,974.33
    -2,070.14 (-3.28%)
     
  • CMC Crypto 200

    1,259.18
    -98.83 (-7.28%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • Dow

    39,512.84
    +125.08 (+0.32%)
     
  • Nasdaq

    16,340.87
    -5.40 (-0.03%)
     
  • Gold

    2,366.90
    +26.60 (+1.14%)
     
  • Crude Oil

    78.20
    -1.06 (-1.34%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • FTSE Bursa Malaysia

    1,600.67
    -0.55 (-0.03%)
     
  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     
  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Celanese Gives Key Updates on Joint Venture with Blackstone

Celanese Gives Key Updates on Joint Venture with Blackstone

On January 8, 2018, Celanese (CE) confirmed that it had received the statement of objections from the European Commission on its joint venture with Blackstone (BX) to form a new acetate tow supplier. Celanese mentioned it as a standard review procedure of a phase two investigation. Celanese said it would work closely with the European Commission for successful closure of the joint venture.