Topic: Proprietary Technology

Celanese Corporation has developed proprietary technology to produce ethanol from natural gas, which is currently cheaper than corn-based production. CFO Steven Sterin stated that the Renewable Fuel Standard currently prevents the company from participating in the U.S. market, leading them to build plants in China instead. Investors are monitoring the company as a potential beneficiary if U.S. legislation shifts to allow natural gas-based biofuels.