Celanese, Ltd. v. Waste Management Industrial Services

KEY INFORMATION: 

Project name: Celanese, Ltd. v. Waste Management Industrial Services

Client: Waste Management Industrial Services

Services Provided: Business Interruption, Finance & Economic Damages, Dispute Resolution, Lost Profits

Celanese purchased a new acrylic acid reactor that contained 44,000 vertical tubes and 88,000 welds. Celanese hired Waste Management Industrial Services (“WM”) to chemically clean the reactor. A dispute arose when corrosion was discovered in the reactor after the cleaning. SOCOTEC was retained by Counsel for WM to perform a detailed analysis of Celanese’s out-of-pocket and lost profits claims. Although Plaintiff was seeking over $50 million in damages, the jury awarded SOCOTEC’s out-of-pocket cost damages of $1.8 million.