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.
Baumit has announced a collaboration with Celanese Corporation, a global specialty materials and chemical company, that would leverage carbon capture and utilization (CCU) technology to provide Baumit with binders for sustainable paint and plaster solutions for its European customers.
DuPont initially sought to split into 3 public companies, but will instead keep the Water division and speed up the spin-off of its Electronic division in Nov
Celanese Corporation (NYSECE), a global specialty materials and chemical company, will increase prices for a range of products. These price increases will be effective on March 1, 2025, or as contracts otherwise allow. Additionally, individual grades may be subject to higher increases than specified below.
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Stay informed about the performance of the S&P500 index in the middle of the day on Wednesday. Uncover the top gainers and losers in today's session for valuable insights.
Wondering what's happening in today's session regarding gap up and gap down stocks? Explore the S&P500 index on Wednesday to uncover the stocks that are gapping in the S&P500 index.
Let's have a look at what is happening on the US markets before the opening bell on Wednesday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Celanese Corporation (NYSECE), a global chemical and specialty materials company, today reported full year 2024 U.S. GAAP diluted loss per share of $13.86 and adjusted earnings per share of $8.37. The Company generated net sales of $10.3 billion in 2024, a 6 percent decrease from the previous year consisting of a 4 percent decline in price and a 1 percent decline in volume, with a small currency impact. Persistently weak global demand in critical end-markets like automotive, paints, coatings, construction and industrial caused headwinds throughout the year. Celanese took actions, including reducing fixed and variable costs and delivered 2024 consolidated operating loss of $697 million, adjusted EBIT of $1.6 billion, and operating EBITDA of $2.4 billion at margins of (7), 16, and 23 percent, respectively.
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Celanese Corporation (NYSECE), a global chemical and specialty materials company, today announced the election of Scott Sutton to the company’s Board of Directors. Mr. Sutton, 60, will join the Celanese Board effective March 1, 2025, and stand for re-election at the 2025 Annual Meeting of Shareholders. In addition, the Board has established a Finance and Business Review Committee, to assist with oversight of the company’s financial position and strategy, including its efforts to further reduce costs, prioritize cash flow, accelerate deleveraging, and evaluate its portfolio of assets and business configuration. Mr. Sutton and Scott Richardson, Chief Executive Officer and President, Celanese Corporation, will co-chair the Finance and Business Review Committee.
