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Celanese Corp Del - CE STOCK NEWS

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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.

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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.
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Celanese Corporation (CE) reported strong financial results for full year 2023, with GAAP diluted earnings per share of $18.00 and adjusted earnings per share of $8.92. The company achieved net sales of $10.9 billion, a 13% increase from the prior year, driven by the Mobility & Materials acquisition. Despite a 10% decrease in price, the volume increased by 23%. Operating profit reached $1.7 billion, adjusted EBIT of $1.8 billion, and operating EBITDA of $2.4 billion. Celanese focused on reducing costs, improving cash flow, and deleveraging in 2023. The Acetyl Chain segment faced pricing challenges but managed to deliver solid earnings. Engineered Materials saw a 53% increase in net sales due to the M&M acquisition, although volume and pricing decreased. The company remains optimistic about future earnings growth supported by various projects and cost-saving initiatives.
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Celanese Corporation (CE) secures approval as a Utilization Procurement Grants vendor from the U.S. Department of Energy, offering low-carbon acetic acid under the ECO-CC product name. The company aims to support municipalities in meeting sustainability goals by providing circular solutions. Celanese's product offerings have shown significant reductions in greenhouse gas emissions and passed DOE's life cycle analysis review. This approval allows Celanese to work with value-chain partners to extend product usage opportunities to eligible U.S. government entities nationwide.
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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 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 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 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 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 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 joins Celanese Corporation's Board of Directors
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FAQ

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

The current stock price of Celanese Del (CE) is $37.53 as of April 16, 2025.

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

The market cap of Celanese Del (CE) is approximately 4.3B.

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

4.26B
111.31M
0.41%
102.65%
7.96%
Chemicals
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
Link
United States
IRVING