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.
Celanese Corporation (NYSE: CE) is a global specialty materials and chemical company that regularly issues news and updates related to its operations, financial performance and strategic decisions. The company describes itself as a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Its news flow reflects both its role in the basic organic chemical manufacturing industry and its position as a Fortune 500 company.
Investors following Celanese news can expect frequent announcements on earnings and investor communications. The company issues press releases and hosts conference calls and webcasts to discuss quarterly financial results, as seen in its announcement of a fourth quarter earnings conference call and related 8-K filings. Celanese also participates in investor events, including fireside chats with financial institutions, where its President and Chief Executive Officer presents to investors and analysts.
Celanese news also covers capital structure and financing activities. Recent releases describe registered offerings of senior notes by its subsidiary Celanese US Holdings LLC, the pricing and upsizing of those offerings, and cash tender offers for existing senior notes due in 2027 and 2028. Related updates explain how proceeds are used to repay borrowings under a term loan credit agreement, fund tender offers and support general corporate purposes.
Operational and portfolio developments appear in the company’s news as well. Celanese has announced the intended closure of an acetate tow production facility in Lanaken, Belgium, to streamline production costs, and the signing of a purchase and sale agreement to divest its Micromax® portfolio of products. Other news highlights sustainability-related milestones, such as achieving ISCC Carbon Footprint Certification for certain POM ECO-C grades at production sites in Frankfurt, Germany, and Bishop, Texas, reflecting the company’s stated focus on responsible material management and sustainable products.
By monitoring Celanese news, readers can track updates on governance changes, such as Board member resignations, sustainability initiatives, financing transactions and scheduled earnings events that shape the company’s strategic direction.
Celanese (NYSE: CE) has launched AskChemille.com, a digital assistant platform revolutionizing material selection for design engineers. Chemille™ offers intelligent search capabilities, providing predictive insights and customized recommendations for engineered materials.
The platform features comprehensive material search options, alternative identification, application matching, and specifications search functionalities. It includes 24/5 live chat support with engineers and a resource library of case studies. Key benefits include time savings, risk reduction, and potential lower development costs for manufacturers.
The system leverages Celanese's century-long polymer science expertise, offering tailored material recommendations across the company's entire portfolio. The platform helps users input specific properties like thermal resistance, mechanical strength, and chemical compatibility to find optimal material solutions.
Dunn-Edwards has partnered with Celanese (NYSE: CE) to introduce Carbon Capture and Utilization (CCU) technology in architectural coatings for the U.S. market. This first-to-market initiative aims to reduce greenhouse gas emissions by using captured CO2 in paint production.
The process involves capturing industrial CO2 emissions at Celanese's Clear Lake, Texas facility to create vinyl acetate-based emulsions, a key component in architectural paints. The implementation is projected to utilize over 2 million pounds of captured CO2 annually, equivalent to the CO2 consumption of 800 acres of forest per year.
The collaboration aligns with Dunn-Edwards' greener by design® commitment, offering products that maintain performance while reducing environmental impact. The CCU technology uses mass-balance accounting to track the mixture of CCU and fossil-fuel based feedstocks.
Celanese (NYSE: CE), a global chemical and specialty materials company, has announced a quarterly cash dividend of $0.03 per share on its common stock. The dividend will be payable on May 12, 2025, to stockholders of record as of April 28, 2025.
The company, which employs over 11,000 people worldwide, reported net sales of $10.3 billion in 2024. Celanese focuses on producing specialty material solutions across major industries and consumer applications, emphasizing sustainability through responsible materials management and expanding its sustainable products portfolio.
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.
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