Celanese Corporation is a global technology and specialty materials company that produces a wide range of innovative products and solutions for various industries. The company is primarily known for its production of engineered materials, including polymers, acetyl products, and coatings, which are used in applications such as automotive, electronics, healthcare, and consumer goods. Celanese focuses on leveraging its advanced technologies and strong market position to meet the evolving needs of its customers while driving sustainability and efficiency throughout its operations. Through a commitment to research and development, the company aims to create value and enhance the performance of its products in diverse markets worldwide. Read More
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
The company reported adjusted earnings of $0.57 per share for the quarter ended March 31, while analysts expected it to post earnings of $0.39 per share.
Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, will increase prices for a range of products and wishes to provide our customers context for our decision and appropriate notice for planning purposes. Given the dynamic conditions of global trade, Celanese is uniquely positioned to actively manage our global and regional operations to support our valued customers around the world with enhanced supply continuity. These price increases are associated with, among others, heightened costs of product movement and inventory repositioning, plant operational expenses, changing trade regulations, and raw materials. The price increases will be effective on June 1, 2025, or as contracts otherwise allow. Additionally, individual grades may be subject to higher increases than specified below.
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported first quarter 2025 U.S. GAAP diluted loss per share of $0.15 and adjusted earnings per share of $0.57. The Company generated net sales of $2.4 billion in the first quarter, a 1 percent increase from the previous quarter driven by a 2 percent increase in volume, with a small offset in currency. Most end-markets developed as anticipated, with persistent global demand sluggishness, especially in key segments like automotive, paints, coatings, and construction. Celanese continued to drive self-help measures in support of the three strategic priorities of increasing cash to deleverage the balance sheet, intensifying cost improvements, and driving top-line growth through differentiated business models. These actions supported the Company's ability to deliver first quarter consolidated operating profit of $168 million, adjusted EBIT of $234 million, and operating EBITDA of $414 million at margins of 7, 10, and 17 percent, respectively. The results were driven by favorable mix and productivity gains in Engineered Materials, which were partially offset by slightly higher costs and greater than anticipated delays in order timing in the Acetyl Chain.
Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced its intent to divest its Micromax® portfolio of products. The Company’s Board and management are confident in the significant value created by a divestment while advancing Celanese’s strategic priority of cash generation and deleveraging.
Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.
Celanese Corporation (NYSE: CE) and Li Auto (NASDAQ: LI) are launching Hostaform POM XAP3, a low-emission material that cuts formaldehyde by 90%. Debuting in May, this innovation aims to enhance cabin air quality and meet rising consumer demand for healthier vehicle interiors.
Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, and Li Auto, a leader in China’s new energy vehicle market, announced a joint initiative to launch an innovative ultra-low emission material, Hostaform® POM XAP®3, in May. This advanced material is designed to significantly reduce vehicle cabin emissions in new cars and is being commercialized in cabin components of Li Auto’s upcoming vehicle models. With 90% lower formaldehyde emissions than the current mainstream industry level, the new Hostaform POM XAP3 is poised to redefine industry benchmarks for in-cabin air quality.
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces the launch of AskChemille.com, a digital assistant platform for advanced material selection. Chemille™ transforms how design engineers access data for material selection and improve product designs, and provides predictive insights and customized recommendations, enabling users to save time, reduce risk, and potentially lower development costs. Manufacturers gain a substantial competitive advantage by choosing the right materials early in the product design process.
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Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.03 per share on its common stock, payable May 12, 2025.
U.S. stocks staged a broad-based rally on Monday, snapping a volatile losing streak after President Donald Trump hinted at a more diplomatic approach to tariff negotiations.
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its first quarter 2025 results on Tuesday, May 6, 2025, beginning at 9:00 a.m. ET.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
