STOCK TITAN

Celanese Corp Del - CE STOCK NEWS

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.

Rhea-AI Summary

Celanese (NYSE: CE) reported first quarter diluted earnings per share of $1.10 and adjusted earnings per share of $2.08 with net sales of $2.6 billion, reflecting a 2% increase. Despite challenges in the demand environment, Celanese managed to largely offset higher expenses and reported operating profit of $210 million. The company demonstrated the ability to execute in a stabilizing market and is focused on enhancing earnings power for the future.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
-
Rhea-AI Summary
Celanese appoints Kim K.W. Rucker as the new lead independent director, succeeding William M. 'Bill' Brown. Ms. Rucker brings extensive public company leadership and board experience to Celanese, enhancing strategic decision-making and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
-
Rhea-AI Summary
Celanese (CE) will discuss its first quarter 2024 results in a conference call on May 9, 2024, accessible via webcast or phone. The earnings press release will be distributed after the New York Stock Exchange closes on May 8, 2024, with a replay available until May 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
Rhea-AI Summary
Celanese (CE) announces a quarterly dividend of $0.70 per share, payable on May 13, 2024, to stockholders of record as of April 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
dividends
-
Rhea-AI Summary
Celanese Chairman, CEO, and President Lori J. Ryerkerk receives the CME STEM Leadership Award for Corporate Reinvention. The award recognizes her impact on Celanese's organizational direction and commitment to STEM talent programs. Celanese, a global chemistry leader, had $10.9 billion in net sales in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
none
-
Rhea-AI Summary
Celanese (CE) announces strategic milestones to enhance competitive cost position and operational flexibility. Key highlights include a new 1.3 million ton Clear Lake acetic acid expansion, low-carbon methanol production, and VAE unit startup in Nanjing. These initiatives aim to meet future demand growth and increase earnings by $100 million to $1.4 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
Rhea-AI Summary
Celanese , in partnership with Mitsui & Co., , has received ISCC certification for its Low Carbon CCU Methanol, showcasing over a 70% reduction in carbon footprint compared to traditional methods. The certification highlights Celanese's commitment to sustainability and offers customers eco-friendly options across its product range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
none
-
Rhea-AI Summary
Celanese and Secarna Pharmaceuticals announce a research collaboration to develop long-acting implants delivering antisense oligonucleotides for various diseases. The collaboration aims to reduce dosing frequency, minimize immune responses, and improve patient outcomes. Celanese's VitalDose® Drug Delivery Platform and Secarna's ASO Drug Discovery Platform will be utilized for this development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
none
-
Rhea-AI Summary
Celanese Corporation collaborates with Glaukos Corporation to launch iDose® TR, a sustained drug release system for glaucoma treatment. The FDA-approved iDose® TR uses Celanese's VitalDose® EVA to deliver continuous dosing of travoprost, improving patient compliance and treatment outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
none
Rhea-AI Summary
Celanese Corporation (CE) announced the election of Timothy Go to its Board of Directors. Mr. Go, President and CEO of HF Sinclair Corporation, brings extensive leadership experience in the energy and specialty chemical industries. With a background in operational manufacturing excellence and strategic transformation, his appointment aims to enhance Celanese's Board composition and navigate the evolving manufacturing landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
management

FAQ

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

The current stock price of Celanese Del (CE) is $37.49 as of April 8, 2025.

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

The market cap of Celanese Del (CE) is approximately 4.6B.

What are the primary products of Celanese Corp Del?

Celanese primarily produces acetic acid and its derivatives, specialty polymers, and cellulose derivatives, which are used in coatings, adhesives, automotive, and various consumer applications.

Which industries does Celanese serve?

Celanese supplies high-performance chemical solutions to a range of industries including coatings and adhesives, automotive, electronics, medical devices, and consumer goods.

How does Celanese generate its revenue?

The company generates revenue by manufacturing and selling specialty chemicals and advanced materials, leveraging its integrated global production network and deep engineering expertise.

What makes Celanese's chemical solutions unique?

Celanese is distinguished by its commitment to innovation, technical excellence, and a tailored approach to product development, ensuring that its chemical solutions meet the specific needs of various industrial applications.

How does Celanese maintain its competitive edge?

Celanese maintains its competitive edge through continuous innovation, strategic partnerships with customers, sustainable production practices, and a focus on operational excellence throughout its global supply chain.

What role does research and development play at Celanese?

Research and development are central to Celanese’s operations. The company invests in advanced chemical engineering and process optimization to create innovative products that address industry needs and improve performance.

How is Celanese positioned in the global market?

Celanese is a globally integrated leader, leveraging an extensive production network and deep technical expertise to deliver high-quality chemical products that are essential to multiple industries worldwide.

How does Celanese collaborate with its customers?

Celanese partners closely with its customers by acting as an advisor and technical expert, helping them transform innovative ideas into practical, market-ready chemical solutions that drive value.
Celanese Corp Del

NYSE:CE

CE Rankings

CE Stock Data

4.60B
111.31M
0.41%
102.65%
7.96%
Chemicals
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
Link
United States
IRVING