CELANESE AG
6-K, 2000-05-11
PLASTICS, FOIL & COATED PAPER BAGS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER
                      PURSUANT TO RULE 13a-16 OR 15d-16 OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                            For the month of May 2000

                                   CELANESE AG
             (Exact name of Registrant as Specified in its Charter)

                              CELANESE CORPORATION
                 (Translation of Registrant's name into English)

                       D-65926 Frankfurt am Main, Germany
                    (Address of Principal Executive Offices)

           Indicate by check mark whether the Registrant files or will
             file annual reports under cover Form 20-F or Form 40-F

                    Form 20-F X              Form 40-F
                             ---                       ---

           Indicate by check mark whether the Registrant by furnishing
        the information contained in this Form is also thereby furnishing
          the information to the Commission pursuant to Rule 12g3-2(b)
                   under the Securities Exchange Act of 1934.


                    Yes                      No X
                        ---                    ---

         If "Yes" is marked, indicate below the file number assigned to
         the Registrant in connection with Rule 12g3-2(b): 82-________.


                                     Page 1
<PAGE>   2

                                   CELANESE AG


               On May 11, 2000 Celanese AG, a stock corporation organized under
               the laws of the Federal Republic of Germany, issued a press
               release announcing Celanese AG's plan to begin share buy-back,
               which release is attached as Exhibit 99.1 hereto and incorporated
               by reference herein.


                                     Page 2
<PAGE>   3

                                    EXHIBITS


               Exhibit No.             Exhibit
               -----------             -------

                  99.1                 Press release dated May 11,
                                       2000 announcing Celanese AG's
                                       plan to begin share
                                       buy-back


                                     Page 3
<PAGE>   4

                                   SIGNATURES



                           Pursuant to the requirements of the Securities
         Exchange Act of 1934, the Registrant has duly caused this report to be
         signed on its behalf by the undersigned, thereunto duly authorized.


                                       CELANESE AG
                                       (Registrant)

                                       By:     /s/ P. W. Premdas
                                               --------------------------------
                                       Name:   Perry W. Premdas
                                       Title:  Member of the Management Board
                                               (Chief Financial Officer)


         Date: May 11, 2000


                                     Page 4
<PAGE>   5

                                  EXHIBIT INDEX


               Exhibit No.                  Exhibit
               -----------                  -------

                  99.1                      Press release dated May 11,
                                            2000 announcing Celanese AG's
                                            plan to begin share
                                            buy-back



<PAGE>   1

                                                       [CELANESE LOGO]

PRESS RELEASE


                                Celanese AG            Building F 821
                                Media Relations        D-65926 Frankfurt am Main

                                                       Dr. H.-B. Heier
                                                       Phone: +49 69 305 7112
                                                       Fax: +49 69 305 84160
                                                       [email protected]

                                                       Phillip Elliott
                                                       Phone: +49 69 305 33480
                                                       Fax: +49 69 305 84160
                                                       [email protected]




11 May 2000


CELANESE TO BEGIN SHARE BUY-BACK WITH IMMEDIATE EFFECT


At the Annual General Meeting of Celanese AG yesterday, shareholders present
authorized the Board of Management to acquire by November 9, 2001, company
shares representing up to a maximum of 10% of capital. Celanese has 55,915,369
shares outstanding.

Celanese already holds call options for 5.1 million shares, which were purchased
to cover costs related to its equity based management incentive programs. The
company plans to begin with the share buy back of the remaining 491,537 shares
immediately.




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