Celanese

Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities. The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates. The Acetate Tow segment serves consumer-driven applications and is a global producer and supplier of acetate tow and acetate flake used in filter products applications. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses, based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle. The Other Activities segment consists of corporate center costs, including administrative activities such as finance, information technology and human resource functions, interest income and expenses associated with financing activities. The company was founded by Camille Dreyfus and Henri Dreyfus in 1918 and is headquartered in Irving, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Celanese reports robust Q4 performance, addresses challenges, eyes growth

Celanese's Q4 performance was strong, with a focus on debt reduction and strategic investments. Challenges in the M&M business are being addressed, while opportunities lie in market dynamics and operational enhancements. The company's clear Lake expansion project and cost-saving initiatives position it for future growth.

Celanese reports solid Q1 performance, eyes market recovery opportunities

Celanese's Q1 earnings call highlighted a strong performance with a focus on market recovery and controllable actions. The company faces challenges in slower demand growth but sees opportunities in market trends and synergies.

Celanese faces China demand challenges but anticipates debt reduction success

Celanese navigated challenges in China and the Acetyl Chain, with signs of price movement up despite lower demand. Sequential improvement is expected in 4Q through cost control and synergies. The company is focused on aggressively lowering debt and diversifying distribution channels for growth.

Celanese reports robust Q3 earnings, targets debt reduction and growth

Celanese's Q3 earnings call highlighted strong performance in key segments, with a focus on earnings growth, debt reduction, and market challenges. The company's strengths include flexibility, synergies, and cost optimization strategies, while facing challenges from demand uncertainties and pricing fluctuations. Opportunities for Celanese include strategic expansions, sustainability initiatives, and debt reduction goals for future growth.

Celanese projects strong 2024 performance with focus on synergies

Celanese is poised for strong performance in 2024 with a focus on cost efficiencies and operational synergies.
The company's strategic strengths lie in projected synergies, margin expansion, and deleveraging efforts.
Challenges include past volume losses and reliability issues, but opportunities exist in market growth and operational enhancements.
Overall, Celanese is strategically positioned to navigate market conditions and drive value creation.

Celanese resilient in Q1 amidst market disruptions and growth opportunities

Celanese navigated market disruptions to maintain strong financial performance.
Focus on synergies, controllable actions, and market conditions to meet guidance.
Opportunities lie in consumer confidence, Clear Lake expansion, and cost efficiencies.
Challenges include pricing pressure, market disruptions, and delayed startups in China.

Celanese projects growth in Q3 and Q4 amidst market challenges

Celanese anticipates stable market conditions and growth opportunities in Q3 and Q4 driven by synergy capture and productivity improvements.
Efforts to resolve acetyls force majeure and mitigate pricing pressures on raw materials are ongoing.
The company is focused on maximizing free cash flow efficiency, reducing debt, and adapting to market dynamics for sustained growth.
Evaluation of divestiture opportunities and maintaining a balanced approach in methanol integration are key strategic considerations.

Celanese disappoints in Q3, plans dividend cut for deleveraging

Celanese faces challenges from macroeconomic headwinds, prompting actions to support deleveraging and enhance profitability. The company's focus on cost reduction, synergies, and project pipeline acceleration aims to drive earnings growth. Clear Lake project and ongoing asset optimization present opportunities for value creation.

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DALLAS--( BUSINESS WIRE )--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, will increase prices for a range of products. These price increases will be effective on December 1, 2022, or as contracts otherwise allow. Additionally, individual grades may be subject to higher increases than specified below.

Celanese Announces Engineered Materials Price Increases

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Celanese Corporation (NYSE:CE ) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET Company Participants Brandon Ayache - VP, IR Lori Ryerkerk - Chairman of the Board and CEO Scott Richardson – CFO Conference Call Participants Josh Spector - UBS David Begleiter - Deutsche Bank Ghansham Panjabi - Baird Jeff Zekauskas - JPMorgan Vincent Andrews - Morgan Stanley Kevin McCarthy - Vertical Research Partners Mike Leithead - Barclays Mike Sison - Wells Fargo John McNulty - BMO Capital Markets P.J. Juvekar - Citi Hassan Ahmed - Alembic Global Matthew Blair - TPH Matthew DeYoe - Bank of America Operator Greetings, and welcome to the Celanese Corporation Third Quarter 2022 Earnings Call and Webcast.

Celanese Corporation (CE) Q3 2022 Earnings Call Transcript

Celanese (CE) sees lower pricing and volumes on a sequential comparison basis and unfavorable currency impact in the third quarter.

Celanese (CE) Earnings Lag Estimates in Q3, Revenues Beat

Celanese (CE) delivered earnings and revenue surprises of -1.01% and 0.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Celanese (CE) Misses Q3 Earnings Estimates

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported third quarter 2022 GAAP diluted earnings per share of $1.76 and adjusted earnings per share of $3.94.

Celanese Corporation Reports Third Quarter 2022 Earnings

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced it has completed the acquisition of the majority of the Mobility & Materials (M&M) business of DuPont.

Celanese Completes Acquisition of Mobility & Materials Business

Celanese (CE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Celanese (CE) Q3 Earnings Expected to Decline

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DALLAS--(BUSINESS WIRE)---- $CE--Celanese Corporation Lifts Force Majeure on Certain Western Hemisphere Acetyl Chain Products

Celanese Corporation Lifts Force Majeure on Certain Western Hemisphere Acetyl Chain Products

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Publishes 2021-2022 Sustainability Report and Index

Celanese Publishes 2021-2022 Sustainability Report and Index

DALLAS & EDMONTON, Alberta--(BUSINESS WIRE)---- $CE--Celanese Expands Capabilities to Support the Sustained-Release Drug Delivery Market

Celanese Expands Capabilities to Support the Sustained-Release Drug Delivery Market

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its third quarter 2022 results on Friday, November 4, 2022, beginning at 10:00 a.m. Eastern time. The Company will hold its earnings call for this quarter a few weeks later than typical. Celanese is targeting November 1, 2022 to close the pending acquisition of the DuPont Mobility & Materials business, dependent on the ti

Celanese to Hold Third Quarter Earnings Conference Call on November 4, 2022

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At first glance, the stock looks attractive thanks to its low valuation ratios. Segments in which the company operates are not very attractive and their expected growth is between 3% and 4% per year.

Celanese Corporation: 3 Reasons Why I Wouldn't Buy This Stock Right Now

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DALLAS--(BUSINESS WIRE)---- $CE--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced receipt of a grant from the Bill & Melinda Gates Foundation to produce and characterize a working prototype for a refillable contraceptive implant. The research and development will be conducted within the Celanese Pharmaceutical Development and Feasibility Lab and the project is expected to produce a functional prototype that meets all established project parameters

Celanese Announces Grant Award to Develop Long-Acting, Refillable Drug Delivery Solution

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Celanese has been a regular in the M&A space at least over the last 10 years and continued to grow. The latest acquisitions (especially M&M from DuPont), however, change the color of its balance sheet with substantially higher leverage.

Celanese: Resilience Engineered With A Mix Of Value And Growth

Celanese Corporation (NYSE:CE ) Q2 2022 Results Conference Call July 29, 2022 10:00 AM ET Company Participants Brandon Ayache - VP, IR Lori Ryerkerk - CEO, Chairman of the Board Scott Richardson - CFO Conference Call Participants Vincent Andrews - Morgan Stanley Arun Viswanathan - RBC Capital Markets David Begleiter - Deutsche Bank Ghansham Panjabi - Baird Hassan Ahmed - Alembic Global Jeff Zekauskas - JP Morgan John Roberts - Credit Suisse Josh Spector - UBS Kevin McCarthy - Vertical Research Partners Kiesean Riddick - Evercore ISI Matthew DeYoe - Bank of America Matthew Blair - TPH Mike Leithead - Barclays Michael Sison - Wells Fargo P.J. Juvekar - Citi Operator Greetings, and welcome to the Celanese Second Quarter 2022 Earnings Call and Webcast.

News for Celanese Stock (CE)