Celanese Corporation (CE) is a global technology and specialty materials company headquartered in Irving, Texas. The corporation is primarily engaged in the production of a wide range of innovative products such as Emulsion Polymers, Acetyl Products, and Cellulosic Derivatives. As one of the world's largest producers of acetyl products, which are essential in a wide variety of industries, Celanese plays an integral role in providing solutions that make consumer products safer, environment-friendly, and more durable.
Celanese was initially established in 1918 with a focus on producing artificial silk and has since morphed into a massive corporation with approximately 7,500 employees worldwide. The company operates through two major business segments, Acetyl Chain and Materials Solutions.
The Acetyl Chain segment includes integrated global operations for manufacturing a variety of products such as acetic acid, vinyl acetate monomers, and other building block chemicals used in paints, coatings, adhesives, cellulosic textiles, and electronics. The Materials Solutions segment comprises of advanced engineered materials, consumer specialty, and food ingredients, which are used in diverse array of end-use applications.
In 2020, Celanese Corporation generated around 6.3 billion U.S dollars in revenue. Its consistent investments in research and development, combined with strategic acquisitions, have been key strategy in the company’s expansion and strengthening of its product portfolio.
Celanese has established a solid reputation for its commitment to sustainability and for continuously introducing innovative solutions that help translate customer needs into value. A globally-recognized leader in the domains of Chemical and Advanced Materials solutions, Celanese Corporation's diverse portfolio serves a broad range of end-use applications, including paints and coatings, textiles, automotive applications, plastic and rubber goods, to name but a few.
Publicly listed on the New York Stock Exchange, Celanese has a long and consistent record of creating value for shareholders. Today, it remains at the forefront of specialty materials and chemical innovation, powering the progress of businesses and enhancing the lives of consumers around the world. Willing to embrace new technologies and maintain a culture of operational excellence, the future looks bright for Celanese Corporation, with its commitment to sustainability and relentless focus on innovation.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Celanese Corp. (CE) shares fell 2.82% to $46.49 on Friday, marking its third consecutive day of losses. This performance occurred during a mixed trading session where the S&P 500 Index rose, while the Dow Jones Industrial Average declined. The stock underperformed compared to its competitors and the broader market.
Shares of Celanese Corp. (CE) declined 1.21% on Wednesday, closing at $49.75, despite a generally positive trading session for the broader stock market. The S&P 500 Index and Dow Jones Industrial Average both saw significant gains. The company's stock is currently 29.63% below its 52-week high of $70.70, achieved on May 5th.
Shares of Celanese Corp. (CE) fell 2.76% to $47.94 on Monday, despite a mixed trading session for the broader market. The stock underperformed its competitors, with the Dow Jones Industrial Average rising and the S&P 500 Index falling. Celanese Corp. closed significantly below its 52-week high.
Shares of Celanese Corp. (CE) fell 1.08% to $48.32 on Thursday, despite a broader market downturn where the S&P 500 Index and Dow Jones Industrial Average also declined. This drop ended a four-day winning streak for the stock.
Celanese Corp. (CE) shares rose by 1.04% to $47.71 on Friday, despite a challenging day for the broader stock market where the S&P 500 and Dow Jones Industrial Average both declined. This increase broke a three-day losing streak for the company's stock, indicating a strong performance relative to its competitors.
Celanese Corp. (CE) stock rose 2.44% to $45.82 on Wednesday, outperforming the broader market. This gain occurred despite a dismal trading session where the S&P 500 Index fell 1.11% and the Dow Jones Industrial Average fell 0.09%. This marks the second consecutive day of gains for Celanese Corp.
Celanese Corp. (CE) shares fell 2.27% to $44.38 on Monday, marking its fourth consecutive day of losses, despite a positive overall trading session for the stock market. The S&P 500 Index rose 1.49% and the Dow Jones Industrial Average gained 0.71%.
Shares of Celanese Corp. (CE) rose 3.61% on Wednesday, closing at $46.26. Despite this gain, the stock underperformed compared to the broader market, as the S&P 500 Index and Dow Jones Industrial Average also saw increases. The daily rise for Celanese Corp. broke a two-day losing streak.