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Celanese (CE) CEO Mark Rohr predicts EPS to rise 12%-14% per year during the next five...

Celanese (CE) CEO Mark Rohr predicts EPS to rise 12%-14% per year during the next five years vs. 10% last year, and EBIT to reach more than 18% of sales vs. 16% last year. CE plans to annually produce 1M tons of ethanol from coal for industrial uses in China by 2016, and it is in talks to enter automotive fuel markets there and in Indonesia.
Comments (1)
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
     
    Company did a good job of conveying technology and the importance of working with their customers, but US ethanol isn't happening soon barring some sort of political miracle.
    20 Sep 2012, 06:45 PM Reply Like
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