CE 📈 Celanese - Overview

Celanese Corporation is a global leader in the development and production of high-performance engineered polymers, operating through two primary segments: Engineered Materials and Acetyl Chain. The company's Engineered Materials segment focuses on creating specialty polymers for a range of applications, including automotive and medical devices, as well as industrial products and consumer electronics. These polymers are designed to provide enhanced performance, durability, and sustainability, making them ideal for use in demanding environments. Additionally, the segment's products are used in various industrial applications, such as gears, bearings, and other mechanical components, where high strength, low friction, and resistance to chemicals and heat are essential.

The Acetyl Chain segment is responsible for producing and supplying a variety of acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters. These products serve as starting materials for a wide range of applications, such as colorants, paints, adhesives, coatings, and pharmaceuticals. The segment also offers vinyl acetate-based emulsions, which are used in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications. Furthermore, the company produces ethylene vinyl acetate resins and compounds, as well as low-density polyethylene, which are used in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. The diversity of these products highlights the company's ability to cater to various industries and applications.

In addition to its core products, Celanese Corporation provides redispersible powders (RDP) for use in construction applications, including flooring, plasters, insulation, tiling, and waterproofing. These powders are designed to improve the performance and durability of construction materials, making them an essential component in modern building practices. With a history dating back to 1918, Celanese Corporation has established itself as a trusted and innovative partner in the chemical and specialty materials industry. Headquartered in Irving, Texas, the company continues to expand its global reach, driven by its commitment to delivering high-quality products and solutions that meet the evolving needs of its customers. The company's website, https://www.celanese.com, provides further information on its products, services, and initiatives.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol CE, Celanese Corporation is subject to the scrutiny of investors and regulatory bodies. Its common stock, identified by the ISIN code US1508701034, is classified under the GICS Sub Industry of Specialty Chemicals. This classification reflects the company's focus on developing and manufacturing specialized chemical products that cater to specific industries and applications. By leveraging its expertise and resources, Celanese Corporation aims to drive growth, innovation, and sustainability in the chemical and specialty materials sector, ultimately creating value for its stakeholders and contributing to the advancement of various industries.