Celanese Corporation
0HUR.L
London Stock Exchange56.50
USD
+0.13
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Celanese Corporation
0HUR.L
(London Stock Exchange)
Recent
price
56.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Celanese Corporation is a global technology and specialty materials company headquartered in Irving, Texas, and founded in 1918 as the American Cellulose & Chemical Manufacturing Company. The company operates through two primary segments, Engineered Materials and Acetyl Chain; the Engineered Materials segment develops, produces and supplies high-performance specialty polymers for automotive, medical, industrial, consumer electronics, electronics, telecommunications and consumer goods applications, including engineered plastics for fuel systems, safety systems, emissions filtration, fluid handling, liquid crystal polymers, long fiber reinforced thermoplastics and brands such as those from Ticona; the Acetyl Chain segment encompasses an integrated chain of intermediate chemistry, including acetic acid, vinyl acetate monomer, acetic anhydride, acetate esters, emulsion polymers, ethylene vinyl acetate polymers, redispersible powders and acetate tow primarily for cigarette filters, fashion apparel, linings, paints, coatings, adhesives, construction, food preservatives, beverages, confections and textiles. Celanese maintains manufacturing facilities and research centers across 11 countries, mainly in North America, Europe and Asia, with key acetic acid plants in Pasadena, Texas, Singapore and Nanjing, China, serving chemical, paint, coatings, construction, adhesive, food and beverage industries. In recent developments, a subsidiary priced a $1.4 billion senior notes offering in December 2025 to manage debt maturities, repay term loans and fund tender offers for existing notes due 2027 and 2028; the company plans divestitures including its Micromax electronics inks business to generate approximately $1 billion in proceeds over 2.5 years for debt reduction; earlier strategic moves included the transformative $11 billion acquisition of DuPont's Mobility & Materials business in 2022, enhancing engineered materials capabilities, and the 2016 purchase of SO.F.TER. Group to bolster polymer production.