Welcome to our dedicated page for Celanese Del news (Ticker: CE), a resource for investors and traders seeking the latest updates and insights on Celanese Del stock.
Overview
Celanese Corp Del (CE) is a globally recognized chemical and specialty materials company that excels in the innovative production of acetic acid, specialty polymers, and cellulose derivatives. Combining advanced chemical engineering with sophisticated manufacturing processes, Celanese provides a vital suite of high-performance materials that drive a variety of industries including coatings, adhesives, automotive, electronics, and medical applications. Its globally integrated production network and deep technical expertise enable the company to consistently offer superior chemical solutions and materials that serve as critical components in modern applications.
Core Business and Product Segments
Celanese operates across several key business segments:
- Acetic Acid and Derivatives: The company is one of the largest producers of acetic acid and its downstream chemical products. These materials serve as essential building blocks in the production of paints, coatings, adhesives, and other industrial applications.
- Specialty Polymers: Leveraging advanced chemical engineering, Celanese produces specialty polymers that are embedded in critical applications across automotive, electronics, medical devices, and consumer products. The specialty polymers are notable for their tailored performance characteristics, supporting durability and innovation in product design.
- Cellulose Derivatives: These materials are employed in various applications, including textile processing and the production of cigarette filters, highlighting the company’s versatility and commitment to high-quality chemical solutions.
Innovation and Technical Expertise
At the heart of Celanese is a commitment to innovation and technical excellence. The company employs a diverse team of engineers, scientists, and product developers whose focused expertise drives continual improvements in product performance and new material applications. This research-driven approach ensures that Celanese remains at the forefront of chemical engineering, turning inspired ideas into practical solutions that meet rigorous industry demands.
Global Market Position and Operational Excellence
Celanese is strategically positioned within the competitive global market. Its extensive production network and deep understanding of chemical processes empower the company to supply materials globally with flexibility and efficiency. By effectively integrating research and operational execution, Celanese supports a wide range of industries, ensuring a reliable flow of high-quality chemical solutions that are integral to the manufacturing processes of its customers. The company’s operational excellence is underscored by its ability to meet diverse market needs through robust engineering and a strong emphasis on customer collaboration.
Strategic Partnerships and Value Creation
Celanese’s business model is built around forging strong partnerships with its customers. The company acts not just as a supplier, but as an advisor and problem solver, working collaboratively with customers to transform innovative ideas into tangible, market-ready products. This pragmatic approach, underpinned by extensive expertise in chemistry and process engineering, enables Celanese to deliver value across multiple stages of product development and production.
Commitment to Quality and Reliability
Integrity, consistency, and technical proficiency are at the core of Celanese’s operations. With a focus on delivering reliable and application-specific solutions, the company adheres to high standards in both product quality and process safety. These principles enhance trust and establish long-term customer relationships built on mutual success and technological excellence.
Industry-Specific Terminology and E-E-A-T Principles
Celanese employs specialized chemical processes and state-of-the-art engineering techniques to create materials that are central to multiple industrial applications. Terms such as chemical engineering, process optimization, and high-performance polymers are integral to understanding the technical depth and market applications of its products. This focus on technical language helps to communicate the company’s prowess and underlines its authority and expertise in the chemical industry.
Conclusion
In summary, Celanese Corp Del stands as a cornerstone in the global chemical sector. Its dedication to innovation, coupled with an unwavering commitment to quality and reliability, underpins its significant role in manufacturing materials that power diverse industrial applications. By seamlessly integrating advanced chemical processes with robust production capabilities, Celanese not only meets but exceeds the rigorous demands of modern industries, making it a fundamental partner for businesses that rely on high-performance chemical solutions.
Celanese (NYSE: CE) has scheduled its first quarter 2025 earnings conference call for Tuesday, May 6, 2025, at 9:00 a.m. ET. The company will release its Q1 earnings press release after NYSE market close on Monday, May 5, 2025.
The conference call will be accessible via webcast and phone, with replay available until May 20, 2025. Celanese, a global chemical and specialty materials company, reported net sales of $10.3 billion in 2024 and employs over 11,000 people worldwide.
Celanese (NYSE: CE) has completed a series of refinancing transactions to extend its debt maturity profile and reduce borrowing costs. The company executed registered offerings of approximately $2.6 billion in senior notes, including $700 million due 2030, $1.1 billion due 2033, and €750 million due 2031.
The refinancing will extend the average debt maturity from 3.8 to 4.8 years and reduce 2025-2026 debt maturities from $2.8 billion to $1.1 billion. Through these transactions and a new Japanese yen cross-currency swap, Celanese's effective total net borrowing rate will decrease by approximately 9 basis points to 5.04%.
CFO Chuck Kyrish emphasized the company's commitment to reaching a targeted net debt to EBITDA metric of 3x through aggressive and prudent deleveraging actions.
Celanese (NYSE: CE) has announced pricing details for cash tender offers through its subsidiary Celanese US Holdings The tender offers target:
- €552,082,000 of 4.777% Senior Notes due 2026 (EUR Notes)
- $500,000,000 of 6.415% Senior Notes due 2027 (USD Notes)
The company received tenders of €552,082,000 in EUR Notes and $1,354,646,000 in USD Notes by the Early Tender Time on March 18, 2025. Due to full subscription at Early Tender Time, no additional tenders after this deadline will be accepted. The Early Settlement Date is expected to be March 21, 2025.
Holders who validly tendered before the Early Tender Time will receive the Total Consideration plus accrued and unpaid interest. J.P. Morgan Securities leads the tender offers, with BofA Securities and HSBC Securities as Co-Dealer Managers.
Celanese (NYSE: CE) announced the early results of tender offers by its subsidiary Celanese US Holdings to purchase senior notes. The company has increased the purchase caps to: (i) €552,082,000 of 4.777% Senior Notes due 2026 and (ii) $500,000,000 of 6.415% Senior Notes due 2027.
As of the Early Tender Time, €552,082,000 of EUR Notes and $1,354,646,000 of USD Notes were validly tendered. The company expects to pay for accepted notes on March 21, 2025 (Early Settlement Date). Due to full subscription at Early Tender Time, no additional notes tendered after this period will be accepted.
The Total Consideration will be determined on March 19, 2025, based on the applicable fixed spread and Reference Yield. The Financing Condition for the Tender Offers has been satisfied.
Celanese (NYSE: CE) has announced price increases for its vinyl acetate monomer (VAM), vinyl-based emulsions, redispersible powders (RDP) and other derivative products in the Western Hemisphere. The price adjustments will take effect on March 17, 2025 or as contracts allow.
Celanese, a global chemical and specialty materials company, reported 2024 net sales of $10.3 billion and employs approximately 12,200 people worldwide. The company focuses on producing specialty material solutions across major industries and consumer applications, with a commitment to sustainability and responsible materials management.
Celanese (NYSE: CE) has announced the pricing of a $2.6 billion senior unsecured notes offering through its subsidiary Celanese US Holdings The offering, upsized from $2.0 billion, includes:
- $700 million of 6.500% Senior Notes due 2030
- $1.1 billion of 6.750% Senior Notes due 2033
- €750 million (approximately $810 million) of 5.000% Senior Notes due 2031
The proceeds will fund tender offers for existing notes, repay term loan borrowings, cover revolving credit facility debt, and handle other corporate purposes. CFO Chuck Kyrish emphasized the company's commitment to proactively managing debt maturity profile while maintaining financial flexibility. The offering is expected to close around March 14, 2025.
Celanese (NYSE: CE) has announced cash tender offers through its subsidiary Celanese US Holdings to purchase up to €500 million of 4.777% Senior Notes due 2026 and $250 million of 6.415% Senior Notes due 2027.
The tender offers will expire on April 2, 2025, with an early tender deadline of March 18, 2025. Holders who tender before the early deadline will receive the Total Consideration including an Early Tender Payment. Those tendering after the early deadline will receive only the Tender Offer Consideration.
The offers are subject to conditions including a Financing Condition requiring completion of a new debt securities offering. The Early Settlement Date is expected to be March 21, 2025, with the Final Settlement Date anticipated for April 4, 2025. Notes purchased will be retired and cancelled.
Celanese (CE) has announced a collaboration with Baumit to provide sustainable paint and plaster solutions using carbon capture and utilization (CCU) technology. The partnership involves using Celanese's ECO-CC products to convert industrial CO2 emissions into chemical building blocks for vinyl acetate-based emulsions used in binder manufacturing.
The initiative is expected to reduce Baumit's render and paint products' carbon footprint by over 5,000 tons of CO2 emissions annually. The process promotes a circular economy by reducing fossil fuel inputs and tracking materials through mass balance accounting. This collaboration aligns with Baumit's GO2morrow sustainability goal to reduce CO2 equivalent emissions by 2030.
Baumit, a leading European manufacturer of thermal insulation composite systems, reported sales of €1.3 billion in 2024 and produces over 45 million square meters of thermal insulation yearly. Celanese, a Fortune 500 company, reported 2024 net sales of $10.3 billion with approximately 12,200 employees worldwide.
Celanese (NYSE: CE), a global specialty materials and chemical company, has announced price increases across its product range, effective March 1, 2025, or as contracts allow. Individual product grades may be subject to higher increases than specified.
The company, a Fortune 500 member with approximately 12,200 employees worldwide, reported 2024 net sales of $10.3 billion. Celanese focuses on producing specialty material solutions used across major industries and consumer applications, emphasizing sustainability through responsible materials management and expanding their sustainable products portfolio.
Celanese (NYSE: CE) reported full year 2024 financial results with a U.S. GAAP diluted loss per share of $13.86 and adjusted earnings per share of $8.37. Net sales decreased 6% to $10.3 billion, driven by a 4% price decline and 1% volume reduction. The company faced persistent weak global demand in automotive, paints, coatings, construction, and industrial markets.
For Q4 2024, CE reported net sales of $2.4 billion, down 10% sequentially due to 7% volume decrease, 2% price decline, and 1% currency impact. The quarter was affected by increased seasonality in Acetyl Chain and severe Western Hemisphere automotive and industrial destocking in Engineered Materials.
The company announced exceeding its targeted $75 million cost reduction goal for 2025 and plans to cease production at Luxembourg Mylar Specialty Films operations. CE appointed Scott Richardson as new CEO effective January 1, 2025.
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