SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(b)
(Amendment No. )1
Celanese AG
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(Name of Issuer)
Ordinary Shares, no par value
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(Title of Class of Securities)
D1497A10
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(CUSIP Number)
October 22, 1999
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(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
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1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes.)
<PAGE>
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CUSIP No. D1497A10 13G Page 2 of 5 Pages
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1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Kuwait Petroleum Corporation
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2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3.
SEC USE ONLY
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4.
CITIZENSHIP OR PLACE OF ORGANIZATION
Kuwait
- --------------------------------------- --------- ------------------------------
5.
SOLE VOTING POWER
14,400,000
NUMBER OF --------- ------------------------------
SHARES 6.
BENEFICIALLY SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING --------- ------------------------------
PERSON 7.
WITH SOLE DISPOSITIVE POWER
14,400,000
--------- ------------------------------
8.
SHARED DISPOSITIVE POWER
0
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,400,000
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10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
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11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
25.8%
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12.
TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
Celanese AG
Item 1(b). Address of Issuer's Principal Executive Offices:
Industriepark Hoechst
Building F-821
D-65926 Frankfurt am Main
Federal Republic of Germany
Item 2(a). Name of Person Filing:
Kuwait Petroleum Corporation
Item 2(b). Address of Principal Business Office or, if None, Residence:
P.O. Box 26565
Safat 13126
Kuwait
Item 2(c). Citizenship:
Kuwait
Item 2(d). Title of Class of Securities:
Ordinary Shares, no par value
Item 2(e). CUSIP Number:
D1497A10
Item 3. If This Statement is Filed Pursuant to Rule 13d-1 (b), or 13d-2 (b) or
(c), Check Whether the Person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the
Exchange Act.
(b) |_| Bank as defined in Section 3 (a) (6) of the Exchange
Act.
(c) |_| Insurance company as defined in Section 3 (a) (19) of
the Exchange Act.
(d) |_| Investment company registered under Section 8 of the
Investment Company Act.
(e) |_| An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii (G)
(h) |_| A savings association as defined in Section 3 (b)
of the Federal Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act;
(j) |_| Group, in accordance with Rule 13d-1(b (1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. |_|
NOT APPLICABLE.
Item 4. Ownership.
(a) Amount beneficially held:
14,400,000
(b) Percent of class:
25.8%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
14,400,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
14,400,000
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5. Ownership of Five Percent or Less of a Class.
NOT APPLICABLE.
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
NOT APPLICABLE.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
NOT APPLICABLE.
Item 8. Identification and Classification of Members of the Group.
NOT APPLICABLE.
Item 9. Notice of Dissolution of Group.
NOT APPLICABLE.
Item 10. Certifications.
NOT APPLICABLE.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: 11 February 2000
KUWAIT PETROLEUM CORPORATION
By: /s/ Dr. Kersten von Schenk
______________________________________
Name: Dr. Kersten von Schenk
Title: Authorized Representative*
*A power of attorney is attached hereto as Appendix A
APPENDIX A
POWER OF ATTORNEY
Dr. Kersten von Schenck and Dr. Arndt Stengel, both having their business
address at Mainzer Landstrasse 46, 60325 Frankfurt am Main, Germany, are hereby
each individually authorised by
Kuwait Petroleum Corporation, P.O. Box 26565, Safat 13126, Kuwait ("KPC"):
- to represent KPC with regard to notifications, statements, and
applications in connection with the acquisition of shares in Celanese
Aktiengesellschaft ("Celanese") by Gallus Vermoegensverwaltungsgesellschaft mbH
with registered office in Frankfurt am Main ("Gallus") by way of demerger of
Celanese from Hoechst AG, in particular:
1. notifications pursuant to ss.ss. 21, 22 of the German Securities Trading
Act (Wertpapierhandelsgesetz) to the German Federal Supervisory Authority for
Securities Trading and to Celanese,
2. notifications and, if applicable, filings pursuant to German merger control
provisions to the Federal Cartel Authority or pursuant to the European merger
control provisions to the European Commission,
3. filings and notifications pursuant to the US-American securities and
securities trading regulations (Securities Act 1933; Securities Exchange Act
1934, and any rules and regulations promulgated thereunder) to the Securities
and Exchange Commission (SEC) or to another competent authority,
- to represent KPC with regard to notifications, statements, and
applications in connection with the transfer of shares hold by Gallus in
Celanese to Petrochemical Resources Holding B.V. ("PRH"), in particular:
1. notifications pursuant to ss.ss. 21, 22 of the German Securities Trading
Act (Wertpapierhandelsgesetz) to the German Federal Supervisory Authority for
Securities Trading and to Celanese,
2. filings and notifications pursuant to the US-American securities and
securities trading regulations (Securities Act 1933; Securities Exchange Act
1934, and any rules and regulations promulgated thereunder) to the Securities
and Exchange Commission (SEC) or to another competent authority,
- to represent KPC with regard to notifications, statements, and
applications in connection with the transfer of shares from PRH in Celanese to
Kuwait Petroleum Corporation ("KPC"), in particular:
1. notifications pursuant toss.ss.21, 22 of the German Securities Trading Act
to the German Federal Supervisory Authority and to Celanese,
2. filings and notifications pursuant to the US-American securities and
securities trading regulations (Securities Act 1933; Securities Exchange Act
1934, and any rules and regulations promulgated thereunder) to the Securities
and Exchange Commission (SEC) or to another competent authority,
The Power of Attorney shall include all amendments, modifications of the
before-mentioned notifications, statements, and applications, as well as their
exchange and the receipt of statements and notifications in connection
therewith.
This Power of Attorney shall be subject to and is construed in accordance with
the laws of the Federal Republic of Germany.
The German version of this Power of Attorney is authoritative.
Dr. Kersten von Schenck and Dr. Arndt Stengel are each authorized to delegate
the powers under this Power of Attorney to another person; they are each
exempted from the restrictions of section 181 of the German Civil Code (BGB).
Kuwait, October 1999
/s/ Nader H. Sultan
Nader H. Sultan
