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Celanese Corporation - CE STOCK NEWS

Welcome to our dedicated page for Celanese Corporation news (Ticker: CE), a resource for investors and traders seeking the latest updates and insights on Celanese Corporation stock.

Celanese Corporation (symbol: CE) is a global leader in the production and innovation of chemical and specialty materials. Aimed at creating value for its customers, Celanese operates through various segments, including the Acetyl Chain and Materials Solutions. The company is renowned for being one of the largest producers of acetic acid and downstream derivatives, which play critical roles in industries such as chemicals, coatings, and adhesives.

Celanese also excels in the production of specialty polymers, widely utilized in sectors like automotive, electronics, medical, construction, and consumer goods. Additionally, the company produces cellulose derivatives used prominently in cigarette filters, further expanding its diverse product portfolio.

With a global production network and a commitment to innovation, Celanese partners with its clients to bring inspired ideas to life. Recent achievements include expansions in their acetyl chain capabilities and strategic partnerships to enhance their materials solutions offerings.

Financially, Celanese remains robust, continually investing in research and development to foster innovation and maintain a competitive edge. The company's operations are supported by a dedicated team of engineers, scientists, product developers, and problem solvers who strive to meet customer needs while contributing positively to the world.

Latest News:

- Celanese Corporation reports strong quarterly earnings.

- Expansion in the acetyl chain production facilities announced.

- New partnerships established to advance specialty polymer solutions.

News

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

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Celanese Corporation (CE) has announced a quarterly cash dividend of $0.70 per share on its common stock, payable on March 5, 2024. The dividend is payable to stockholders of record as of February 20, 2024.
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Celanese and Under Armour Develop Innovative New NEOLAST™ Fiber for Use in Performance Stretch Fabrics

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Celanese Corporation and Under Armour, Inc. have collaborated to develop NEOLAST™ Fiber, an alternative to elastane for performance stretch fabrics. The new fiber offers powerful stretch, durability, comfort, and improved wicking while addressing sustainability challenges associated with elastane, including recyclability. It is produced using a proprietary solvent-free process and recyclable elastoester polymers, potentially improving the compatibility of stretch fabrics with future recycling systems and infrastructure.
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Celanese to Hold Fourth Quarter Earnings Conference Call on February 21, 2024

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Celanese Corporation (NYSE: CE) will host a conference call to discuss its Q4 2023 results on February 21, 2024. The company will distribute its earnings press release via newswire after the NYSE closes on February 20, 2024. A replay of the conference call will be available on demand until March 6, 2024.
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Celanese Begins Carbon Capture and Utilization Operations at Clear Lake, Texas, Facility

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Celanese Corporation (NYSE: CE) has announced the launch of a carbon capture and utilization (CCU) project at its Clear Lake, Texas site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The project is expected to capture 180,000 metric tons of CO2 industrial emissions and produce 130,000 metric tons of low-carbon methanol per year. Celanese plans to offer low-carbon options across its products under the ECO-CC name, leveraging CCU to meet the growing demand for sustainable solutions.
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Celanese Corporation Reports Third Quarter 2023 Earnings

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Celanese Corporation reports Q3 2023 GAAP diluted earnings per share of $8.70 and adjusted earnings per share of $2.50. Net sales decrease by 3% to $2.7 billion. The company reduces inventory balances by $177 million and reduces net debt by $758 million in the quarter. Celanese plans to close nylon 66 and high-performance nylon polymerization units in Germany. Q4 adjusted earnings per share is expected to be $2.10 to $2.50.
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Celanese Announces New Leadership Appointments to Enhance Value Creation

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Celanese Corporation announces new leadership appointments, including Scott Richardson as EVP and COO, Chuck Kyrish as SVP and CFO, and Ashley Duffie as SVP and General Counsel. Richardson will be responsible for Engineered Materials, the Acetyl Chain, manufacturing, supply chain, and procurement. Kyrish will oversee accounting, treasury, internal audit, and tax. Duffie will succeed Lynne as General Counsel.
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Ganesh Moorthy Elected to Celanese Board of Directors

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Ganesh Moorthy joins Celanese Corporation's Board of Directors
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Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

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Celanese Corporation declares quarterly cash dividend of $0.70 per share
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Celanese to Hold Third Quarter Earnings Conference Call on November 7, 2023

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Celanese Corporation to host conference call for Q3 2023 results
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Celanese Completes the Formation of Nutrinova, a Food Ingredients Joint Venture with Mitsui

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Celanese completes formation of Nutrinova joint venture with Mitsui & Co., Ltd.
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FAQ

What is the current stock price of Celanese Corporation (CE)?

The current stock price of Celanese Corporation (CE) is $74.01 as of January 24, 2025.

What is the market cap of Celanese Corporation (CE)?

The market cap of Celanese Corporation (CE) is approximately 8.1B.

What does Celanese Corporation do?

Celanese produces acetic acid, specialty polymers, and cellulose derivatives used in various industries such as automotive, electronics, and coatings.

What are the primary markets for Celanese's products?

Celanese's products serve markets including automotive, electronics, medical, building, consumer goods, and chemicals.

Where is Celanese Corporation based?

Celanese Corporation is based in Irving, Texas, USA.

What are some recent achievements of Celanese?

Recent achievements include strong quarterly earnings, expansion of acetyl chain production, and new partnerships in specialty polymers.

How does Celanese contribute to innovation?

Celanese invests in R&D and partners with clients to bring innovative solutions to market, focusing on creating value and improving the world.

What makes Celanese a leader in its industry?

Celanese's extensive product portfolio, global production network, and commitment to innovation make it a leader in the chemicals and materials industry.

What are cellulose derivatives used for?

Celulose derivatives produced by Celanese are primarily used in cigarette filters and other specialty applications.

What is the significance of Celanese's acetic acid production?

Celanese is one of the largest producers of acetic acid, which is vital for various end markets including coatings and adhesives.

Who are the key personnel at Celanese?

Celanese is driven by a team of engineers, scientists, operators, product developers, and innovators who are committed to customer success.

How does Celanese ensure financial stability?

Celanese maintains financial stability through continuous investment in innovation, strategic partnerships, and expanding production capabilities.
Stock CE logo
Celanese Corporation

NYSE:CE

CE Rankings

#998 Ranked by Market Cap
#836 Ranked by Dividends

CE Stock Data

8.09B
108.87M
0.41%
99.13%
4.7%
Chemicals
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
Link
United States of America
IRVING