Celanese Corporation (CE)

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.