11-K
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
Form 11-K
 
ANNUAL REPORT PURSUANT TO SECTION 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
     
(Mark One)    
þ
  ANNUAL REPORT PURSUANT TO SECTION 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
     
    For the fiscal year ended: December 31, 2007
 
OR
     
o
  TRANSITION REPORT PURSUANT TO SECTION 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
     
    For the transition period from           to           
 
Commission File Number: 001-32410
 
 
A. Full title of the plan and the address of the plan, if different from that of the issuer named below:
 
Celanese Americas Retirement Savings Plan
1601 W LBJ Freeway
Dallas, TX 75234
 
 
  B.  Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
 
Celanese Corporation
1601 W LBJ Freeway
Dallas, TX 75234
 
 


 

 
Celanese Americas Retirement Savings Plan
 
CONTENTS
 
         
    Page
 
Report of Independent Registered Public Accounting Firm
    2  
FINANCIAL STATEMENTS
       
Statements of Net Assets Available for Benefits as of December 31, 2007 and 2006
    3  
Statements of Changes in Net Assets Available for Benefits for the Years Ended December 31, 2007 and 2006
    4  
Notes to Financial Statements
    5  
Supplemental Schedule*
       
Schedule H, line 4i — Schedule of Assets (Held at end of year) as of December 31, 2007
    12  
Signatures
    24  
 
 
* Other schedules required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 (“ERISA”) have been omitted because they are not applicable.


 

 
Report of Independent Registered Public Accounting Firm
 
To: Plan Administrator, Investment, and Benefit Committees of Celanese Americas Retirement Savings Plan:
 
We have audited the accompanying statements of net assets available for benefits of the Celanese Americas Retirement Savings Plan (the Plan) as of December 31, 2007 and 2006 and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
 
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
 
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2007 and 2006, and the changes in net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.
 
Our audit was performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule H, line 4i- schedule of assets (held at end of year) as of December 31, 2007 is presented for the purpose of additional analysis and is not a required part of the basic financial statements, but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
 
/s/  PMB Helin Donovan, LLP
 
Austin, Texas
June 27, 2008


2


 

 
Celanese Americas Retirement Savings Plan
 
Statements of Net Assets Available for Benefits
 
                 
    As of December 31,  
    2007     2006  
    (In thousands)  
 
Assets
               
Investments:
               
At fair value (Note 3)
  $ 673,343     $ 731,214  
Loans to participants
    9,589       11,575  
                 
Total investments
    682,932       742,789  
                 
Receivables:
               
Accrued interest and dividends
    1,505       1,422  
                 
Total receivables
    1,505       1,422  
                 
Total assets
    684,437       744,211  
                 
Liabilities
               
Administrative payables
    811       766  
                 
Net assets available for benefits at fair value
    683,626       743,445  
Adjustment from fair value to contract value for fully benefit-responsive
investment contract (Note 3, 2006-Revised)
    4,689       2,680  
                 
Net assets available for benefit
  $ 688,315     $ 746,125  
                 
See accompanying notes to financial statements.


3


 

 
Celanese Americas Retirement Savings Plan
 
Statements of Changes in Net Assets Available for Benefits
 
                 
    Years Ended December 31,  
    2007     2006  
    (In thousands)  
 
Investment income:
               
Net appreciation of investments (Note 3)
  $ 23,663     $ 72,275  
Interest
    11,668       12,111  
Dividends
    904       704  
Other
    1,146       34  
                 
Total investment income
    37,381       85,124  
                 
Contributions:
               
Company, net of forfeitures
    9,490       9,895  
Participant
    20,249       20,607  
Rollovers
    634       734  
                 
Total contributions
    30,373       31,236  
                 
                 
Administrative expenses
    (2,196 )     (2,071 )
Withdrawals and distributions
    (93,287 )     (82,704 )
Transfers (to) from other plans
    (30,081 )     7,019  
                 
Net increase (decrease)
    (57,810 )     38,604  
Net assets available for benefits:
               
Beginning of year
    746,125       707,521  
                 
End of year
  $ 688,315     $ 746,125  
                 
 
See accompanying notes to financial statements.


4


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements
 
(1)   Description of the Plan
 
The Celanese Americas Retirement Savings Plan (the “Plan”) is a participant directed, defined contribution plan sponsored by Celanese Americas Corporation and Subsidiaries (“Celanese” or the “Company”), a wholly owned subsidiary of Celanese Corporation. The Plan covers certain employees of the Company and its participating affiliates (“Participants”). The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). Participants in the Plan should refer to the Plan document for more complete details of the Plan’s provisions.
 
Effective January 1, 2006, the Plan was amended to allow for participation of Meredosia Union employees. In September 2006, participant account balances of $7,019,236 were transferred to the Plan from the Celanese Americas Retirement Savings Plan for Meredosia Union Employees. This transfer represents participant assets for employees that were transferred to the Plan as a result of a newly ratified collective bargaining agreement.
 
During 2007 assets of $30,080,833 were transferred from the Plan in conjunction with Celanese Corporation’s sale of its oxo products and derivatives business and the transfer of impacted employees to OXEA Corporation.
 
The Company has a trust agreement with State Street Bank & Trust Company (the “Trustee”). The trust agreement establishes a qualified trust for the Plan. The assets of the trust are managed by various investment managers appointed by the Company. The Company’s Investment Committee oversees the Plan and has discretionary authority to appoint an agent to direct the purchase and sale of investments in the Plan. The Company appointed the Plan Administrator and Investment Committee as the named fiduciaries of the Plan.
 
(a)  Eligibility
 
Employees are eligible to participate in the Plan as soon as administratively practicable following their date of hire (taking into account the need to enroll and the timing of the Company’s payroll cycles).
 
(b)  Participant Contributions
 
Participants may contribute from 2% to 80% of their eligible compensation, as defined in the Plan document and subject to certain Internal Revenue Service (“IRS”) limitations, through payroll deductions. Participants may designate contributions as either “before-tax,” “after-tax” or a combination of both. Participants’ before-tax contributions and Company contributions are deferred compensation pursuant to Section 401(k) of the Internal Revenue Code (“IRC”).
 
(c)  Company Contributions
 
The Company makes a contribution equal to the amount contributed by each Participant up to 5% of such Participant’s eligible compensation for non-union participants, as defined in the Plan document. The Company’s contribution for union participants varies, as defined in the Plan document, but does not exceed 5% of the Participant’s eligible compensation. Effective January 1, 2006 the plan was amended to increase the matching contribution for the Calvert City union participants to a 100% match of the savings of Calvert City union participants, not to exceed 3% of the participant’s eligible compensation.
 
(d)  Vesting
 
All Participants’ contributions and income earned or losses incurred thereon are fully vested at all times. The Company’s contributions and income earned or losses incurred thereon are vested either upon the completion of three years of service with the Company, as defined in the Plan document, death, retirement, total and permanent disability, involuntary termination of employment by the Company (other than for cause) or the attainment of age 65. Effective January 1, 2008, Participants will be immediately vested in Company contributions (Note 8).


5


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements — (Continued)
 
(e)  Forfeitures
 
Forfeitures of non-vested Company contributions are used to reduce future employer contributions or to restore prior forfeitures under certain conditions. In 2007 and 2006, Company contributions were reduced by $252,938 and $539,203 respectively, from forfeited non-vested accounts. At December 31, 2007 and 2006, forfeitures of $170,715 and $188,831, respectively, were available for reducing future employer contributions or to restore prior forfeitures under certain conditions.
 
(f)  Distributions and Withdrawals
 
A Participant’s entire vested account balance shall be payable upon termination of employment, retirement, disability or death. Participants who suffer a “financial hardship” may withdraw all or part of their vested account balance before tax contributions subject to certain provisions, as described in the Plan document. Distributions and withdrawals under the Plan are made in cash in the form of a lump sum. Payments are made as soon as administratively practicable within the provisions of the Plan. The Plan allows for in-service withdrawals of vested contributions under certain circumstances, as defined in the Plan document.
 
(g)  Participant Accounts
 
Each Participant’s account is credited with the Participant’s contributions, the appropriate amount of the Company’s contribution and an allocation of the Plan’s earnings or losses and the investment management fees in accordance with the allocation provisions contained in the Plan document. The benefit to which a participant is entitled is the benefit that can be provided from the Participant’s vested account balance.
 
(h)  Participant Loans
 
Participants who are actively working, and have a vested account balance of at least $2,000, may borrow up to the lesser of 50% of the vested account balance or $50,000 less the highest outstanding loan balance in the previous 12 months. The minimum loan available is $1,000 and shall not exceed $50,000. Loans are generally for periods of up to five years with the exception of the purchase of a primary residence in which case the loan can be for a period up to fifteen years. Loans are repaid in bi-weekly installments and include interest charges. The interest rate on new loans, fixed on the first business day of the month, is based on the Prime Lending Rate (per the Wall Street Journal) plus 1%. The range of interest rates for outstanding Participant loans as of December 31, 2007 was 5% to 10.5% with maturities ranging from 2008 to 2021.
 
(i)  Investments
 
Plan Participants may direct the investment of their account in 1% increments among any of twelve investment options.
 
     
Options
 
Investment Manager
 
Smart-Mix Fund — Conservative
  JP Morgan Asset Management
Smart-Mix Fund — Moderate
  JP Morgan Asset Management
Smart-Mix Fund — Aggressive
  JP Morgan Asset Management
Core Bond Fund
  Pacific Investment Management Co.
Government Securities Fund
  Hoisington Investment Management Co.
S&P 500 Index Fund
  Barclay’s Global Investor
Large-Cap Value Fund
  Alliance Bernstein Investment Management
Large-Cap Growth Fund
  Marsico Capital Management
International Stock Fund
  Capital Guardian Trust Company
Small-Cap Core Fund
  Barclays Global Investors
Stable Value Fund
  JP Morgan Asset Management
Celanese Stock Fund
  State Street Global Advisors


6


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements — (Continued)
 
A Participant may transfer all or a portion of his or her interest, in 1% increments, from one investment fund to another. Each of the Plan’s investment options is managed for the Plan by independent investment managers, who employ a specific set of investment criteria endorsed and monitored by the Company.
 
Celanese Stock Fund
 
The Celanese Stock Fund is a “stock bonus plan” (as defined by U.S. Treasury Regulation §1.401-1 (b)(i)(iii)) with a primary investment in common shares of Celanese Corporation. Participant holdings of Celanese Corporation common shares are limited to twenty percent of the Participants’ total account balance under the Plan. There is a 30-day restriction on reentry into the Celanese Stock Fund after a sale of stock. State Street Global Advisors was named as the fiduciary of the Celanese Stock Fund. The Trustee shall vote shares of Celanese Corporation stock in accordance with the instructions of the Participants in whose accounts the shares are held. During 2007, the Trustee purchased 160,995 shares of Celanese Corporation stock for the fund at an average price of $34.08 per share and sold 149,414 shares of Celanese Corporation stock for the fund at an average price $36.74 per share. During 2006, the Trustee purchased 341,550 shares of Celanese Corporation stock for the fund at an average price of $19.92 per share and sold 243,804 shares of Celanese Corporation stock for the fund at an average price $20.56 per share.
 
Investment Contracts
 
The Plan invests in fully benefit-responsive investment contracts held in the Stable Value Fund, which are reported in the Statement of Changes in Net Assets Available for Benefits on a contract value basis. The Statement of Net Assets Available for Benefits presents fair value of the investment contracts as well as the adjustment of the fully benefit-responsive investment contracts from fair value to contract value. The Stable Value Fund permits all Participant initiated transactions as allowed by the Plan to occur at contract value. Events that would limit the Plan’s ability to execute transactions at contract value are improbable, except for termination of the Plan by the Sponsor; Sponsor initiated withdrawals may be subject to a market adjustment.
 
The average yield of the investment contracts was 6.75% and 5.74% for the years ended December 31, 2007 and 2006, respectively. The stabilized interest rate (“Crediting Rate”) on investment contracts was 5.23% and 5.29% as of December 31, 2007 and 2006, respectively. The Crediting Rates are provided to participants in the fund on a designated pool of investments held by the fund, through contracts generally referred to as a “wrapper”. The contracts provide assurance that the adjustments to the interest Crediting Rate will not result in a future interest Crediting Rate that is less then zero.
 
(2)   Summary of Significant Accounting Policies
 
(a)  Basis of Presentation
 
The accompanying financial statements have been prepared in accordance with the accounting principles generally accepted in the United States of America (“US GAAP”) for all periods presented.
 
(b)  Valuation of Investments and Income Recognition
 
The Plan’s investments are stated at fair value. Investments in the Common/collective trust funds are valued at fair value based upon the quoted market values of the underlying assets, where available. Loans to Participants are valued at cost, which approximates fair value. All purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded when earned. Dividends are recorded on the ex-dividend date. Net appreciation (depreciation) in fair value of investments includes realized gains and losses on investments sold during the year as well as net appreciation (depreciation) of the investments held at the end of the year.
 
(c)  Risks and Uncertainties
 
The assets of the Plan consist primarily of investments held at fair value. These investments are subject to market risks and are influenced by such factors as investment objectives, interest rates, stock market performance, economic conditions, and world affairs. Due to the level of risk associated with certain investments, it is reasonably possible that changes in the values of investments will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the financial statements.


7


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements — (Continued)
 
(d)  Use of Estimates
 
The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of additions and deductions during the reporting period. Actual results could differ from those estimates.
 
(e)  Payment of Benefits
 
Benefits are recorded when paid.
 
(3)   Investments
 
The following table presents the total investments of the Plan segregated by valuation method.
 
                 
    As of December 31,  
    2007     2006  
    (In thousands)  
 
Quoted market price:
               
Interest bearing cash
  $ 9,276     $ 5,163  
US government securities
    30,395       31,518  
Common stock
    44,164       32,674  
Registered investment companies
    10,352       9,761  
                 
      94,187       79,116  
Investments at estimated fair value:
               
Common/collective trusts
    412,328       469,047  
Investment contracts
    166,828       183,051  
Investments at fair value
    673,343       731,214  
Participant loans
    9,589       11,575  
                 
Total investments
  $ 682,932     $ 742,789  
                 
 
Investments representing five percent or more of the Plan’s net assets as of December 31 are as follows:
 
                 
    As of December 31  
    2007     2006  
    (In thousands)  
 
Alliance Collective Investment Trust
    154,752       190,003  
BGI Equity Index Fund 1
    100,998       112,503  
BGI Russell 2000 Alpha Tilts Fund
    45,618       58,449  
CG International non-US Equity Fund
    43,765       39,281  
Bank of America, contract no. 02 011
    57,175       61,916  
Caisse Depots et Consignations, contract no. 1837 01
    57,167       61,899  
State Street Bank, contract no. 102063
    57,175       61,916  


8


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements — (Continued)
 
Investment Contracts
 
                         
          Wrapper
    Adjustment to
 
    Investments at
    Contracts at
    Contract
 
2007
  Fair Value     Fair Value     Value  
    (In thousands)  
 
Cash
  $     $   —     $  
US government securities
    307              
Interest-bearing cash
    360              
JP Morgan Intermediate Bond Fund
    166,161              
Wrapper
                4,689  
                         
    $ 166,828     $     $ 4,689  
                         
 
                         
          Wrapper
    Adjustment to
 
    Investments at
    Contracts at
    Contract
 
2006
  Fair Value     Fair Value     Value  
    (In thousands)  
 
Cash
  $ 19     $   —     $  
US government securities
    199              
Interest-bearing cash
    673              
JP Morgan Intermediate Bond Fund
    182,160              
Wrapper (revised)
                2,680  
                         
    $ 183,051     $     $ 2,680  
                         
 
The fair value of the wrapper is determined by calculating the present value of excess future wrapper fees. When the replacement cost of the wrapper contracts (a re-pricing provided annually by each issuer) is greater than the current wrapper fee, the difference is converted into the implied additional fee payment cash flows for the duration of the holding. The present value of that cash flow stream is calculated using a swap curve yield that is based on the duration of the holding, and adjusted for the holding’s credit quality rating. As the replacement costs of the wrapper contracts do not exceed the actual costs, the fair value of the wrapper was valued at zero for the years ended December 31, 2007 and 2006.
 
In the 2006 audited financial statements, Celanese disclosed the fair value of the wrapper contracts to be $3,495,000 and the adjustment from fair value to contract value for fully benefit-responsive investments contracts to be $(815,000). Such presentation has been revised in the current financial statements to reflect the fair value of the wrapper at December 31, 2006 to be zero and the adjustment from fair value to contract value for fully benefit-responsive investments contracts to be $2,680,000. With the revised presentation of the fair value of the wrapper, there is no change in Net Assets Available for Benefits.


9


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements — (Continued)
 
During 2007 and 2006, the Plan’s investments (including investments bought and sold and held during the year) appreciated (depreciated) in value as follows:
 
                 
    For the Years Ended December 31  
    2007     2006  
    (In thousands)  
 
Quoted market price:
               
US government securities
  $ 1,490     $ (1,552 )
Common stock
    3,231       1,288  
Celanese corporation common stock
    5,198       2,014  
Registered investment companies
    261       (111 )
                 
      10,180       1,639  
Investments at estimated fair value:
               
Common/collective trusts
    13,483       70,636  
                 
    $ 23,663     $ 72,275  
                 
 
(4)   Plan Termination
 
Although the Company has not expressed any intent to terminate the Plan, it may do so at any time, subject to the provisions of ERISA. Upon termination of the Plan, any Participant who is then an employee of the Company would become 100% vested in all Company contributions.
 
(5)   Federal Income Taxes
 
The IRS has determined and informed the Company by a letter dated April 19, 2004, that the Plan and related trust are designed in accordance with applicable sections of the IRC. Although the Plan has been amended since receiving the determination letter, the Plan Administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.
 
(6)   Administrative Expenses
 
Administrative expenses (principally record keeping costs and legal fees) are accrued and charged against the respective funds of the Plan. Investment management fees, taxes, brokerage commissions, and related fees are paid from the respective funds from which they are levied, assessed, or incurred. Certain administrative expenses of the Plan are paid by the Company. Expenses not paid by the Company are paid by the Plan.
 
(7)   Parties-in-Interest
 
Certain Plan investments are shares of common/collective trusts managed by JPMorgan/American Century or State Street Bank & Trust Company. In addition, certain Plan investments are in interest bearing cash accounts managed by Morgan Guaranty Trust Company of New York. JPMorgan Retirement Plan Services is the record keeper and State Street Bank & Trust Company is the Trustee, as defined by the Plan and, therefore, these transactions qualify as party-in-interest transactions. These transactions are covered by an exemption from the “prohibited transaction” provisions of ERISA and the IRC. The Plan also invests in the common stock of the Plan Sponsor as well as makes loans to Plan participants, both of which qualify as parties-in-interest to the Plan and are exempt from prohibited transaction rules.
 
(8)   Plan Amendment
 
During December 2007, the Plan was amended, effective January 1, 2008, to add an automatic enrollment feature and an automatic deferral increase feature. Additionally, the amendment modifies the Plan’s vesting


10


 

 
Celanese Americas Retirement Savings Plan
 
Notes to Financial Statements — (Continued)
 
rules and clarifies the default investment provisions. The vesting rules are modified such that Participants are immediately vested in Company contributions.
 
(9)  Reconciliation of Financial Statements to Form 5500
 
The following is a reconciliation of net assets available for benefits per the financial statements at December 31, 2007 to Form 5500.
 
         
    2007  
    (In thousands)  
 
Net assets available for benefits per the financial statements
  $ 688,315  
Add: Administrative payables
    319  
         
Net assets available for benefits per the Form 5500
  $ 688,634  
         
 
The following is a reconciliation of administrative expenses per the financial statements for the year ended December 31, 2007, to Form 5500
 
         
    2007  
    (In thousands)  
 
Administrative expenses per the financial statements
  $ 2,196  
Less: Administrative expenses
    319  
         
Administrative expenses per the Form 5500
  $ 1,877  
         
 
Net assets available for benefits and administrative expenses per the financial statements include $319,000 to accrue for administrative expenses incurred during the year ended December 31, 2007 and paid in 2008.


11


 

 
CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
INTEREST BEARING CASH
            BGI MONEY MARKET FD FOR EBT   CASH HELD AT ALEX BROWN                        
                11.000             11.00       11.00  
  05MP     05499B995       6.000             6.00       6.00  
  05MU     05499B995       5.000             5.00       5.00  
            BZW PRINCIPAL CASH                            
                1.140             1.14       1.14  
  05MP     12399A986       0.280             0.28       0.28  
  05MU     12399A986       0.860             0.86       0.86  
            MORGAN GUARANTY TRUST CO OF NY   LIQUIDITY FUND     0.001       12/31/2007          
                3,764,386.69              3,764,386.69       3,764,386.69  
  05MD     61699B004       410,785.35              410,785.35       410,785.35  
  05ML     61699B004       177,841.89              177,841.89       177,841.89  
  05MN     61699B004       103,336.56              103,336.56       103,336.56  
  05MO     61699B004       3,072,422.89              3,072,422.89       3,072,422.89  
            MORGAN GUARANTY TRUST CO OF NY   LIQUIDITY FUND     0.001       12/31/2008          
                866,892.75              866,892.75       866,892.75  
  05MD     61699B004       866,892.75              866,892.75       866,892.75  
            MORGAN GUARANTY TRUST CO OF NY   LIQUIDITY FUND     0.004       12/31/2007          
                189,002.12              189,002.12       189,002.12  
  05MO     61699B004       189,002.12              189,002.12       189,002.12  
            * STATE STREET BANK & TRUST CO   SHORT TERM INVESTMENT FUND     1.000       12/31/2030          
                                         
                4,455,608.19              4,455,608.19       4,455,608.19  
  05MA     8574809S8       1,514,024.11              1,514,024.11       1,514,024.11  
  05MQ     8574809S8       1,319.28              1,319.28       1,319.28  
  05MV     8574809S8       2,828,795.04              2,828,795.04       2,828,795.04  
  05MW     8574809S8       111,469.76              111,469.76       111,469.76  
                                         
                9,275,901.89              9,275,901.89       9,275,901.89  


12


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
U.S. GOVERNMENT SECURITIES
                       
            UNITED STATES TREAS BDS   BD 28/11/15 5.250     5.250       11/15/2008          
                3,000,000.00             3,047,219.89       3,300,702.00  
  05MA     912810FFO       3,000,000.00             3,047,219.89       3,300,702.00  
            UNITED STATES TREAS BDS   5 1/4 02/15/29     5.250       02/15/2029          
                16,875,000.00             17,052,446.12       18,563,816.25  
  05MA     912810FG8       16,875,000.00             17,052,446.12       18,563,816.25  
            UNITED STATES TREAS BDS         5.375       02/15/2031          
                140,000.00             148,842.97       157,729.74  
  05MA     912810FP8       140,000.00             148,842.97       157,729.74  
            UNITED STATES TREAS BDS   4 3/4 02/15/37     4.750       02/15/2037          
                8,000,000.00             7,961,477.98       8,372,496.00  
  05MA     912810PT9       8,000,000.00             7,961,477.98       8,372,496.00  
                                         
                28,015,000.00             28,209,986.96       30,394,743.99  


13


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
CORPORATE STOCKS — COMMON
                       
            TRANSOCEAN INC   SHS NEW                        
                8,420.000             1,147,400.18       1,205,323.00  
  05MV     G90073100       8,420.000             1,147,400.18       1,205,323.00  
            AT+ T INC   COM                        
                17,888.000             728,709.43       743,425.28  
  05MV     00206R102       17,888.000             728,709.43       743,425.28  
            AIR PRODS + CHEMS INC   COM                        
                3,000.000             271,491.92       295,890.00  
  05MV     009158106       3,000.000             271,491.92       295,890.00  
            AMERICA MOVIL SAB DE CV   SPONS ADR REPSTG SER L SHS                        
                10,421.000             336,649.70       639,745.19  
  05MV     02364W105       10,421.000             336,649.70       639,745.19  
            AMYLIN PHARMACEUTICALS INC                            
                8,816.000             331,438.39       326,192.00  
  05MV     032346108       8,816.000             331,438.39       326,192.00  
            APPLE INC   COM NPV                        
                6,888.000             951,571.53       1,364,375.04  
  05MV     037833100       6,888.000             951,571.53       1,364,375.04  
            BOEING CO   COM                        
                2,907.000             260,763.24       254,246.22  
  05MV     097023105       2,907.000             260,763.24       254,246.22  
            CVS CAREMARK CORP   COM                        
                17,110.000             671,462.28       680,122.50  
  05MV     126650100       17,110.000             671,462.28       680,122.50  
            CAMERON INTL CORP   COM                        
                4,008.000             132,417.47       192,905.04  
  05MV     13342B105       4,008.000             132,417.47       192,905.04  
            * CELANESE CORP DE   COM SER A                        
                297,882.000             7,650,897.48       12,606,366.24  
  05MW     150870103       297,882.000             7,650,897.48       12,606,366.24  
            CHINA MOBILE LTD   SPONSORED ADR                        
                1,000.000             46,144.10       86,870.00  
  05MV     16941M109       1,000.000             46,144.10       86,870.00  


14


 

 
CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
            CISCO SYS INC   COM                        
                4,117.000             94,132.36       111,447.19  
  05MV     17275R102       4,117.000             94,132.36       111,447.19  
            COCA COLA CO   COM                        
                4,904.000             301,677.82       300,958.48  
  05MV     191216100       4,904.000             301,677.82       300,958.48  
            FEDEX CORP   COM                        
                1,452.000             120,100.07       129,474.84  
  05MV     31428X106       1,452.000             120,100.07       129,474.84  
            GENENTECH INC   COM                        
                17,988.000             1,070,786.40       1,206,455.16  
  05MV     368710406       17,988.000             1,070,786.40       1,206,455.16  
            GENERAL DYNAMICS CORP   COM                        
                9,570.000             519,266.34       851,634.30  
  05MV     369550108       9,570.000             519,266.34       851,634.30  
            GOLDMAN SACHS GROUP INC   COM                        
                5,910.000             990,428.09       1,270,945.50  
  05MV     38141G104       5,910.000             990,428.09       1,270,945.50  
            GOOGLE INC   CL A                        
                1,948.000             1,169,415.11       1,347,003.04  
  05MV     38259P508       1,948.000             1,169,415.11       1,347,003.04  
            HEINEKEN N.V.   ADR                        
                9,540.000             221,287.36       304,803.00  
  05MV     423012202       9,540.000             221,287.36       304,803.00  
            HESS CORP   COM                        
                10,003.000             1,029,606.46       1,008,902.58  
  05MV     42809H107       10,003.000             1,029,606.46       1,008,902.58  
            HEWLETT PACKARD CO   COM                        
                7,152.000             344,868.35       361,032.96  
  05MV     428236103       7,152.000             344,868.35       361,032.96  
            INTEL CORP   COM                        
                25,456.000             558,166.10       678,656.96  
  05MV     458140100       25,456.000             558,166.10       678,656.96  
            LAS VEGAS SANDS CORP   COM                        
                7,831.000             464,921.65       806,984.55  
  05MV     517834107       7,831.000             464,921.65       806,984.55  


15


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                             
   
(A)
      (C) Description of Investment
          Mat Date
    (E) Current
 
Fund   (B) Identity of Issuer   Shares/Par     Rate
    (D) Cost     Value  
   
 
        LEHMAN BROTHERS HLDGS INC   COM                                
                  11,967.00               690,712.37       783,120.48  
05MV
  524908100             11,967.00               690,712.37       783,120.48  
        LOCKHEED MARTIN CORP   COM                                
                  10,835.000               921,788.18       1,140,492.10  
05MV
  539830109             10,835.000               921,788.18       1,140,492.10  
        LOWES COS INC   USDO.50                                
                  20,937.000               614,889.51       473,594.94  
05MV
  548661107             20,937.000               614,889.51       473,594.94  
        MGM MIRAGEINC   COM                                
                  7,105.000               269,163.99       596,962.10  
05MV
  552953101             7,105.000               269,163.99       596,962.10  
        MASTERCARD INC   CL A                                
                  4,421.000               455,261.58       951,399.20  
05MV
  57636Q104             4,421.000               455,261.58       951,399.20  
        MCDONALDS CORP   COM                                
                  28,887.000               1,570,992.91       1,701,733.17  
05MV
  580135101             28,887.000               1,570,992.91       1,701,733.17  
        MERCK + CO INC   COM                                
                  23,441.000               1,358,164.67       1,362,156.51  
05MV
  589331107             23,441.000               1,358,164.67       1,362,156.51  
        MERRILL LYNCH + CO INC   COM                                
                  2,365.000               136,726.78       126,953.20  
O5MV
  590188108             2,365.000               136,726.78       126,953.20  
        MICROSOFT CORP   COM                                
                  33,532.000               1,206,544.00       1,193,739.20  
05MV
  594918104             33,532.000               1,206,544.00       1,193,739.20  
        MONSANTO CO NEW   COM                                
                  9,236.000               416,237.35       1,031,568.84  
05MV
  61166W101             9,236.000               416,237.35       1,031,568.84  
        NORDSTROM INC   COM                                
                  4,056.000               155,405.64       148,976.88  
05MV
  655664100             4,056.000               155,405.64       148,976.88  
        PETROLEO BRASILEIRO SA   SPONSORED ADR                        
                  9,023.000               884,841.74       1,039,810.52  
05MV
  71654V408             9,023.000               884,841.74       1,039,810.52  


16


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
            PRAXAIR INC   COM                        
                8,238.000             501,087.14       730,792.98  
  05MV     74005P104       8,238.000             501,087.14       730,792.98  
            QUALCOMM INC   COM                        
                5,238.000             216,269.68       206,115.30  
  05MV     747525103       5,238.000             216,269.68       206,115.30  
            SCHERING PLOUGH CORP   COM                        
                18,531.000             514,187.23       493,665.84  
  05MV     806605101       18,531.000             514,187.23       493,665.84  
            SCHLUMBERGER LTD   COM                        
                10,080.000             715,545.44       991,569.60  
  05MV     806857108       10,080.000             715,545.44       991,569.60  
            TESCO PLC   SPONSORED ADR                        
                8,567.000             247,728.71       239,876.00  
  05MV     881575302       8,567.000             247,728.71       239,876.00  
            TOYOTA MTR CO   ADR 2 COM                        
                5,122.000             524,845.41       543,802.74  
  05MV     892331307       5,122.000             524,845.41       543,802.74  
            UNION PAC CORP   COM                        
                6,707.000             608,776.48       842,533.34  
  05MV     907818108       6,707.000             608,776.48       842,533.34  
            UNITEDHEALTH GROUP INC   COM                        
                23,385.0000             752,526.21       1,361,007.00  
  05MV     91324P102       23,385.0000             752,526.21       1,361,007.00  
            WELLS FARGO + CO NEW   COM                        
                5,507.000             188,580.63       166,256.33  
  05MV     949746101       5,507.000             188,580.63       166,256.33  
            WYNN RESORTS LTD   COM                        
                3,995.000             260,804.69       447,959.35  
  05MV     983134107       3,995.000             260,804.69       447,959.35  
            YUM BRANDS INC   COM                        
                21,332.000             522,500.58       816,375.64  
  05MV     988498101       21,332.000             522,500.58       816,375.64  
                                         
                766,718.000             33,147,182.75       44,164,220.33  


17


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                             
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
LOANS TO PARTICIPANTS — OTHER
            LOANS TO PARTICIPANTS                                
                  9,588,989.980               9,588,989.98       9,588,989.98  
  05ME     53999S985         9,588,989.980               9,588,989.98       9,588,989.98  
                                         
                  9,588,989.980               9,588,989.98       9,588,989.98  


18


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
COMMON/ COLLE CTIVE TRUSTS
                                         
            ALLIANCE COLLECTIVE INVT TR   BERNSTEIN STRATEGIC VALUE COL                        
                                         
                9,493,956.287                    86,443,340.90       154,751,487.45  
                                         
  05MB     018564823       9,493,956.287                    86,443,340.90       154,751,487.45  
                                         
            * JPMCB SPECIAL SITUATION   PROPERTY FUND                        
                                         
                349.694                    314,951.64       610,822.75  
                                         
  05ML     03499B925       49.453                    45,258.28       86,379.79  
                                         
  05MN     03499B925       300.241                    269,693.36       524,442.96  
                                         
            BGI EQUITY INDEX FUND I                            
                                         
                2,196,553.993                    69,125,525.05       100,997,552.60  
                                         
  05MP     05799K984       2,196,553.993                    69,125,525.05       100,997,552.60  
                                         
            BGI RUSSEL 2000 ALPHA   TILTS CL F                        
                                         
                2,876,302.644                    38,056,791.48       45,618,159.93  
                                         
  05MU     05999K966       2,876,302.644                    38,056,791.48       45,618,159.93  
                                         
            CG INTL NON US EQUITY                            
                                         
                1,131,161.500                    34,935,604.21       43,764,638.44  
                                         
  05MH     12599Q971       1,131,161.500                    34,935,604.21       43,764,638.44  
                                         
            INTREPID AMERICA   COMMINGLED PENSION TR                        
                                         
                9719929                               
                                         
                357,478.917                    6,809,337.54       7,020,885.93  
                                         
  05MD     46299E961       45,196.890                    862,079.51       887,666.92  
                                         
  05ML     46299E961       97,861.920                    1,854,528.07       1,922,008.11  
                                         
  05MN     46299E961       214,420.107                    4,092,729.96       4,211,210.90  
                                         
            * JPMCB STRATEGIC PROPERTY   FND                        
                                         
                1,412.767                    1,518,083.76       2,607,840.73  
                                         
  05MD     46599C921       424.264                    394,970.74       783,153.16  
                                         
  05ML     46599C921             408.065                    450,951.88       753,251.26  
                                         
  05MN     46599C921       580.438                    672,161.14       1,071,436.31  
                                         
            * JPMCB EAFE REI FUND                            
                                         
                21,521.026                    338,565.57       437,307.27  
                                         
  05MD     46799F989       21,521.026                    338,565.57       437,307.27  
                                         
            * JPMBC EMERGING MARKETS EQUITY   REF 29803779                        
                                         
                25,656.610                    435,586.78       1,034,217.94  
                                         
  05ML     46799G953       10,487.691                    144,126.26       422,758.82  
                                         
  05MN     46799G953       15,168.919                    291,460.52       611,459.12  
                                         
            * JPMBC US ACTIVE FIXED CORE FD   REF 29803773                        
                                         
                342,868.218                    9,109,649.16       9,915,748.87  
                                         
  05MD     46799G961       172,803.196                    4,458,477.57       4,997,468.43  


19


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                                 
   
        (C)
                (E)
 
(A)
      Description of
          Mat Date
    Current
 
Fund   (B) Identity of Issuer   Investment Shares/Par     Rate
    (D) Cost     Value  
   
 
05ML
    46799G961               112,908.955               3,064,813.26       3,265,326.98  
05MN
    46799G961               57,156.067               1,586,358.33       1,652,953.46  
            * JPMCB US QDV SMALL CAP CORE EQ   97199691                                
                      60,632.658               1,127,290.80       1,052,582.94  
05MD
    46799S981               14,434.818               275,116.87       250,588.44  
05ML
    46799S981               9,850.961               183.818.93       171,012.68  
05MN
    46799S981               36,346.879               668,355.00       630,981.82  
            * JPMCB US SMARTINDEX FUND                                    
                      343,724.668               9,636,977.20       10,019,574.07  
05MD
    467997987               133,006.853               3,736,256.66       3,877,149.76  
05ML
    467997987               109,128.720               3,072,082.27       3,181,102.19  
05MN
    467997987               101,589.095               2,828,638.27       2,961,322.12  
            * JPMBC EAFE EQUITY OPP FD   REF 29803782                                
                      182,829.033               2,550,096.22       4,349,502.70  
05MD
    467999926               22,345.767               284,231.68       531,605.80  
05ML
    467999926               46,971.522               630,532.83       1,117,452.51  
05MN
    467999926               113,511.744               1,635,331.71       2,700,444.39  
            * JPMBC US REAL ESTATE SECS FD   REF 29803783                                
                      46,862.380               1,166,657.38       1,643,463.67  
05ML
    467999934               14,530.763               336,077.63       509,593.86  
05MN
    467999934               32,331.617               830,579.75       1,133,869.81  
            * JPMBC EAFE PLUS FUND   REF 29803781                                
                      163,874.061               2,777,937.16       3,654,391.56  
05ML
    467999942               45,242.805               797,703.86       1,008,914.55  
05MN
    467999942               118,631.256               1,980,233.30       2,645,477.01  
            * JPMCB US ACTIVE CORE PLUS                                    
                      377,145.851               5,515,453.00       6,173,877.58  
05ML
    46899C951               116,511.944               1,705,666.97       1,907,300.52  
05MN
    46899C951               260,633.907               3,809,786.03       4,266,577.06  
            * JPMCB CORE BOND FUND   REF 97199695                                
                      891,864.637               9,479,186.45       10,051,314.46  
05MD
    46899E981               450,877.778               4,766,435.50       5,081,392.46  
05ML
    46899E981               286,133.299               3,044,463.39       3,224,722.28  
05MN
    46899E981               154,853.560               1,668,287.56       1,745,199.62  
            * JPMBC US STRATEGIC SML CO EQ   REF 29803776                                
                      153,823.799               3,413,862.49       5,140,791.37  
05MD
    47299X926               20,692.107               328,867.30       691,530.22  
05ML
    47299X926               55,210.248               1,262,953.89       1,845,126.49  
O5MN
    47299X926               77,921.444               1,822,041.30       2,604,134.66  


20


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                             
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
                * JPMBC CORP HIGH YIELD FD   REF 29803775                        
                    62,752.990             939,799.02       1,290,829.01  
  O5ML       47299X934         28,180.731             413,739.51       579,677.64  
  05MN       47299X934         34,572.259             526,059.51       711,151.37  
                * JPMBC EMERGING MKTS FIX INC FD   REF 29803773                        
                    42,334.460             883,345.05       1,594,739.11  
  O5ML       47299X942         17,006.142             343,473.61       640,621.37  
  05MN       47299X942         25,328.318             539,871.44       954,117.74  
                * JPMBC EMG MKTS FOCUSED FUND   REF 29803785                        
                    11,257.906             150,608.29       597,457.07  
  05MN       47299X967         11,257.906             150,608.29       597,457.07  
                                             
                    18,784,364.099             284,728,649.15       412,327,185.45  


21


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                         
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
REGISTERED INVESTMENT COMPANY
                           
            PIMCO TOTAL RETURN FD   INSTL CL                        
                968,421.267             10,121,569.65       10,352,423.34  
  05MG     693390700       968,421.267             10,121,569.65       10,352,423.34  
                                         
                968,421.267             10,121,569.65       10,352,423.34  


22


 

CELANESE AMERICAS RETIREMENT SAVINGS PLAN
(Plan # 001)
CELANESE AMERICAS CORPORATION EIN:22-1862783 05MK
December 31, 2007
 
COMPOSITE
SCHEDULE H, LINE 4I — SCHEDULE OF ASSETS
(HELD AT END OF YEAR)
 
                                             
   
(A)
        (C) Description of Investment
        Mat Date
    (E) Current
 
Fund     (B) Identity of Issuer   Shares/Par   Rate
    (D) Cost     Value  
   
 
INSURANCE CO. GENERAL ACCOUNT
                           
                BANK OF AMERICA   CONTRACT NO. 02 011     5.000       12/31/2055          
                    57,174,888.39             57,174,888.39       57,174,888.39  
  05MO       05999T9U4         57,174,888.39             57,174,888.39       57,174,888.39  
                CAISSE DEPOTS ET CONSIGNATIONS   CONTRACT 1837 01     5.000       12/31/2055          
                    57,167,052.34             57,167,052.34       57,167,052.34  
  05MO       1289969F4         57,167,052.34             57,167,052.34       57,167,052.34  
                * STATE STREET BANK   CONTRACT 102063     5.000       12/31/2055          
                    57,174,888.65             57,174,888.65       57,174,888.65  
  05MO       8579939G6         57,174,888.65             57,174,888.65       57,174,888.65  
                                             
                    171,516,829.38             171,516,829.38       171,516,829.38  
 
 
* Party-in-interest


23


 

 
SIGNATURES
 
The Plan.  Pursuant to the requirements of the Securities Exchange Act of 1934, the Plan Administrator has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Celanese Americas Retirement Savings Plan
 
  By: 
/s/  Miguel Desdin
Miguel Desdin
Vice President and Controller of
Celanese Corporation
(Principal Accounting Officer)
Vice President of Celanese Americas Corporation
 
Date: June 27, 2008


24