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Celanese Corporation (NYSE: CE) is set to host its third quarter 2022 earnings call on November 4, 2022 at 10:00 a.m. Eastern time. The call will occur later than usual, as the company anticipates completing its acquisition of DuPont Mobility & Materials on November 1, 2022, pending regulatory approvals. This delay is expected to provide more insight into current demand conditions for a more relevant business outlook. The earnings press release will be available post-market on November 3, 2022.
Positive
Pending acquisition of DuPont Mobility & Materials expected to close on November 1, 2022, enhancing business portfolio.
Delayed earnings call allows for improved visibility into current demand conditions, potentially leading to a more informed future business outlook.
Negative
None.
DALLAS--(BUSINESS WIRE)--
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its third quarter 2022 results on Friday, November 4, 2022, beginning at 10:00 a.m. Eastern time.
The Company will hold its earnings call for this quarter a few weeks later than typical. Celanese is targeting November 1, 2022 to close the pending acquisition of the DuPont Mobility & Materials business, dependent on the timing of remaining regulatory approvals. In addition, the Company believes that having a few additional weeks of visibility into current demand conditions will enable it to provide the most relevant future business outlook possible.
Dial-in Number: 1-877-407-0989
International Dial-In Number: 1-201-389-0921
Ask for the Celanese Webcast
Alternatively, to enter the call immediately without waiting for operator assistance, attendees may pre-register for the call by clicking the link below. Once registered, attendees will receive an Outlook calendar invite with the date and time of call, the dial-in phone number and the unique attendee pin which is sent automatically to the email address provided.
The company will distribute its third quarter earnings press release via newswire after the New York Stock Exchange closes on Thursday, November 3, 2022. The earnings press release and prepared remarks will also be available at https://investors.celanese.com after market close on Thursday, November 3, 2022.
A replay of the conference call will be available on demand on November 4, 2022, from 12:00 p.m. Eastern time until November 18, 2022, 12:00 a.m. Eastern time, at the following number:
Celanese Corporation is a global chemical leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Our businesses use the full breadth of Celanese's global chemistry, technology and commercial expertise to create value for our customers, employees, shareholders and the corporation. As we partner with our customers to solve their most critical business needs, we strive to make a positive impact on our communities and the world through The Celanese Foundation. Based in Dallas, Celanese employs approximately 8,500 employees worldwide and had 2021 net sales of $8.5 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com.