Celanese wins dismissal of damages claim in Amsterdam court

Regulation
โดย Simply Wall St·USNL·Read original
Summary · why it matters

Celanese reported that the Amsterdam District Court dismissed damages claims in a major legal dispute, removing a significant legal overhang. The ruling dismissed claims brought by Shell Chemicals Europe B.V. and parties represented by Stichting Ethylene Claims, eliminating potential financial liability linked to a high-profile European Commission settlement. The decision simplifies the risk picture for Celanese, which recently reported Q2 2026 sales of US$2,752 million and net income of US$125 million, compared with US$2,532 million and US$197 million a year earlier. The stock closed at US$43.89 and has seen pronounced volatility, with the share price down over 60% across the past three years and over 70% across five years.

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Amsterdam court dismissed damages claims, removing legal overhang.

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