Summary
CE Chart
Celanese Plans to Divest Micromax Business to Deleverage
CE announces its intention to divest its Micromax portfolio as a part of its cash generation efforts.
Celanese Corporation (CE) Q1 2025 Earnings Call Transcript
Celanese Corporation (NYSE:CE ) Q1 2025 Results Conference Call May 6, 2025 9:00 AM ET Company Participants Bill Cunningham - Vice President, Investor Relations Scott Richardson - President and Chief Executive Officer Chuck Kyrish - Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank Frank Mitsch - Fermium Research Jeff Zekauskas - JPMorgan Ghansham Panjabi - Baird Vincent Andrews - Morgan Stanley Josh Spector - UBS Patrick Cunningham - Citi Mike Sison - Wells Fargo Aleksey Yefremov - KeyBanc Capital Markets Kevin McCarthy - Vertical Research Partners Arun Viswanathan - RBC Capital Markets Hassan Ahmed - Alembic Global John Roberts - Mizuho Securities Salvator Tiano - Bank of America Laurence Alexander - Jefferies Matthew Blair - TPH Operator Greetings. Welcome to the Celanese First Quarter 2025 Earnings Call and Webcast.
Celanese's Earnings and Revenues Surpass Estimates in Q1
The decrease in net sales of CE in the first quarter is caused by lower volumes and prices.
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Celanese Corporation Profile
| Chemicals Industry | Basic Materials Sector | Mr. Scott A. Richardson CEO | NYSE Exchange | 150870103 Cusip |
| US Country | 11,000 Employees | 28 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Celanese Corporation, founded in 1918 and headquartered in Irving, Texas, stands as a global leader in the chemical and specialty materials sector. With operations spreading across the United States and international markets, Celanese is renowned for manufacturing and selling high-performance engineered polymers. The company operates through two primary segments: Engineered Materials and Acetyl Chain, each focusing on the development and supply of specialty polymers and acetyl products, respectively. These products find applications in a diverse range of industries including automotive, medical, consumer electronics, paints, adhesives, pharmaceuticals, and many others, showcasing the company’s extensive footprint in the realm of chemical and specialty materials.
Products and Services
- Engineered Materials - This segment encompasses the development, production, and supply of specialty polymers tailored for use in a variety of applications, especially in the automotive and medical fields, as well as for industrial products and consumer electronics.
- Acetyl Chain - Specializing in the production and supply of acetyl products, this segment’s offerings include:
- Acetic Acid and Vinyl Acetate Monomers - Used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals.
- Acetic Anhydride and Acetate Esters - Serve as organic solvents and intermediates for pharmaceutical, agricultural, and chemical products.
- Vinyl Acetate-Based Emulsions - Applied in paints and coatings, adhesives, construction, glass fiber, textiles, and paper.
- Ethylene Vinyl Acetate Resins and Compounds - Utilized in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting.
- Low-Density Polyethylene - For use in various applications including flexible packaging films and lamination film products.
- Redispersible Powders (RDP) - Offered for construction applications, such as flooring, plasters, insulation, tiling, and waterproofing, showcasing Celanese Corporation's commitment to innovation and quality across different sectors.
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