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Insurance Recoveries
12 Months Ended
Dec. 31, 2011
Insurance Recoveries [Abstract]  
Insurance Recoveries [Text Block]
Insurance Recoveries
Due to certain events in October 2008 and subsequent periodic cessations of production of the Company’s specialty polymers products produced at its EVA Performance Polymers facility in Edmonton, Alberta, Canada, the Company declared two events of force majeure. During 2009, the Company replaced long-lived assets damaged in October 2008.
In May 2007, the Company announced that it had an unplanned outage at its Clear Lake, Texas acetic acid facility. At that time, the Company originally expected the outage to last until the end of May. Upon restart of the facility, additional operating issues were identified which necessitated an extension of the outage for further, more extensive repairs. In July 2007, the Company announced that the further repairs were unsuccessful on restart of the unit. All repairs were completed in early August 2007 and normal production capacity resumed.
Insurance recoveries included in Other (charges) gains (Note 17) are as follows:
 
Year Ended December 31,
 
2011
 
2010
 
2009
 
(In $ millions)
Clear Lake, Texas
 
 
 
 
 
Acetyl Intermediates

 

 
6

Edmonton, Alberta, Canada
 
 
 
 
 
Industrial Specialties

 
25

 
10

Other Activities

 
(7
)
 
(10
)
Total net recoveries

 
18

(1) 
6

___________________________
(1) Total net recoveries for the year ended December 31, 2010 consists of $8 million related to property damage and $10 million related to business interruption.