Celanese (Hoechst) Corporation Stock
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Beautifully engraved Certificate from the famous Celanese Corporation issued in 1968 - 1971. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of a scientist and an engineer with laboratory instruments and a map of the world. This item has the printed signature of the company president and is 29 years old.
Celanese operates the acetate and basic chemicals business of Germany's Hoechst AG. The company's cellulose acetate is used to make filter products, filament for apparel, and polybenzimidazole (PBI), which is used to make the outer-shell of firefighters' gear. The chemicals division makes acetyls such as vinyl acetate monomer (VAM), a key ingredient in everything from paint and glue to candy and gum. Methyls and acrylates by Celanese are used to produce methanol (a basic building block chemical) and formaldehyde (a key raw material in construction). The firm's oxo products and amines end up in cleaners, solvents, and inks. Celanese and another Hoechst subsidiary, Ticona, are being spun off to form Celanese AG.