OverviewSuggest Edit

Celanese is a global chemical and specialty materials company. Its major product categories include intermediate chemistry, cellulose derivatives, emulsion polymers, EVA polymers, food ingredients, and engineered materials. The company serves a variety of end-use markets, such as automotive, chemical additives, construction, consumer and industrial adhesives, consumer and medical, energy storage, filtration, food and beverage, paints and coatings, paper and packaging, performance industrial, and textiles.

TypePublic
Founded1918
HQIrving, US
Websitecelanese.com
Employee Ratings3.7
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)7,714
Job Openings119
Revenue (FY, 2019)$6.3 B(-11%)
Share Price (Nov 2020)$133.2
Cybersecurity ratingBMore

Key People/Management at Celanese

Lori J. Ryerkerk

Lori J. Ryerkerk

Chairman of the Board and Chief Executive Officer
Scott A. Richardson

Scott A. Richardson

Executive Vice President and Chief Financial Officer
Shannon L. Jurecka

Shannon L. Jurecka

Senior Vice President and Chief Human Resources Officer
A. Lynne Puckett

A. Lynne Puckett

Senior Vice President and General Counsel
Tom Kelly

Tom Kelly

Senior Vice President, Engineered Materials
John Fotheringham

John Fotheringham

Senior Vice President, Acetyls
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Celanese Office Locations

Celanese has offices in Irving, Shanghai, Sulzbach (Taunus), Mumbai and in 2 other locations
Irving, US (HQ)
222 West Las Colinas Boulevard #900N
Shanghai, CN
4560 Jinke Road Zhang Jiang, Pudong New Area
Sulzbach (Taunus), DE
Am Unisyspark 1
Mumbai, IN
107-G, Sir Mathuradas Vasanji Rd, Dr. Charatsingh Colony, S B Singh Colony, J B Nagar, Andheri East
Tokyo, JP
Holland Hills Mori Tower 17F 5-11-2, Toranomon
Amsterdam, NL
Strawinskylaan 3105
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Celanese Financials and Metrics

Celanese Revenue

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Celanese's revenue was reported to be $6.30 b in FY, 2019 which is a 12% decrease from the previous period.
USD

Revenue (Q3, 2020)

1.4b

Gross profit (Q3, 2020)

327.0m

Gross profit margin (Q3, 2020), %

23.2%

Net income (Q3, 2020)

209.0m

EBIT (Q3, 2020)

184.0m

Market capitalization (18-Nov-2020)

15.6b

Closing stock price (18-Nov-2020)

133.2

Cash (30-Sept-2020)

29.0m
Celanese's current market capitalization is $15.6 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

6.1b7.2b6.3b

Revenue growth, %

17%(12%)

Cost of goods sold

4.6b5.2b4.7b

Gross profit

1.5b2.0b1.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.5b1.5b1.6b1.9b1.8b1.8b1.7b1.6b1.6b1.5b1.2b1.4b

Cost of goods sold

1.1b1.1b1.2b1.3b1.3b1.3b1.2b1.2b1.2b1.1b951.0m1.1b

Gross profit

352.0m367.0m385.0m515.0m521.0m516.0m453.0m423.0m414.0m348.0m242.0m327.0m

Gross profit Margin, %

24%24%25%28%28%29%27%27%26%24%20%23%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

576.0m439.0m463.0m

Accounts Receivable

986.0m1.0b850.0m

Inventories

900.0m1.0b1.0b

Current Assets

2.8b2.9b2.8b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

849.0m1.2b858.0m

Depreciation and Amortization

310.0m349.0m356.0m

Inventories

(97.0m)(158.0m)6.0m

Accounts Payable

126.0m15.0m(59.0m)
USDQ1, 2017

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.7 x
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Celanese Operating Metrics

FY, 2017FY, 2018FY, 2019

Affiliate Production Facilities

9 9 9

Production Facilities

31 32 30
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Celanese Acquisitions / Subsidiaries

Company NameDateDeal Size
Next Polymers Ltd.October 11, 2018
Nilit PlasticsFebruary 01, 2017
SO.F.TER. GROUPOctober 18, 2016
Cool Polymers IncOctober 28, 2014
Acetex CorporationJuly 13, 2005$492 m
Vinamul PolymersMarch 17, 2005
Acetate Belgium Holdings B.V.
Acetate Belgium Holdings LLC
Acetate Europe Coöperatief U.A.
Acetate Holding Company Limited
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Celanese Revenue Breakdown

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Celanese revenue breakdown by business segment: 52.9% from Acetyl Chain, 9.9% from Acetate Tow and 37.2% from Engineered Materials

Celanese revenue breakdown by geographic segment: 12.5% from Singapore, 27.2% from US, 33.9% from Germany, 13.6% from China and 12.8% from Other

Celanese Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Celanese Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Celanese Online and Social Media Presence

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Celanese Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    97/100

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Celanese News and Updates

Global Methyl Isobutyl Carbinol (MIBC) Markets, 2020-2025: A Fragmented Market - Major Companies are BASF, Mitsui Chemicals, Dow, AkzoNobel, and Celanese

Dublin, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The "Methyl Isobutyl Carbinol (MIBC) Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The market for methyl isobutyl carbinol (MIBC) is expected to expand, at a CAGR of around 3%, during the…

Celanese to Hold First Quarter Earnings Conference Call on April 28, 2020

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its first quarter 2020 results on Tuesday, April 28, 2020, beginning at 10:00 a.m. Eastern time. This call will be available by webcast at https://investors.celanese.com…

ROSEN, A LEADING INVESTOR FIRM, Announces Investigation into Securities Claims Against Celanese Corporation; Encourages Investors with Losses in Excess of $100K to Contact the Firm - CE

NEW YORK, Feb. 14, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of Celanese Corporation (NYSE: CE) resulting from allegations that Celanese may have issued materially...

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Celanese Corporation (CE) Investors to Contact its Attorneys; Firm Investigating Possible Securities Fraud

SAN FRANCISCO, Feb. 7, 2020 /PRNewswire/ -- Hagens Berman urges investors in Celanese Corporation (NYSE: CE) who have suffered significant losses to submit their losses now. The firm is actively investigating whether Celanese violated federal securities laws, and certain investors may...

Celanese Initiates Strategic Expansion of Global Emulsion Polymers

DALLAS, AMSTERDAM and SHANGHAI (January 29, 2020) – Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces preliminary plans to expand its emulsion polymers derivatives business to extend the value of its global acetyl chain. These focused investments all…

Celanese Announces Price Increases in China on Polyacetal (POM) Grades

Product China (USD/kg) CN M90 series 0.1 HF M90 series 0.1 CN CE series 0.15 AM KP series 0.15 AM CE series 0.15read more
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Celanese Blogs

My Adoption/Foster Care Story

I’m a little late remembering National Adoption Month in the U.S. (it was last November), but I’m early observing National Foster Care Month in May. Many families who have experienced...

Clear Lake Site Replaces Ladder 1 After 36 Years’ Service

If you’re like most people, you probably have great admiration for firefighters and maybe even a healthy fascination with fire trucks. As parents, we point out the big red fire...

Our Journey of Nutrition and Wellness

Wellness is defined as the quality or state of being healthy in body and mind, especially as the result of deliberate effort.

Giving Back to Global SC Community While Working On Personal Development

When I joined Celanese 11 years ago as a customer service representative for our Acetate Tow business in Geleen, I soon found out how important the Triple Bottom Line (Social,...

Global Impact Month: The Impact Is On Our Heart

Global Impact Month (GIM) touches lives. Celanese employees provide everything from basic human needs to educational opportunities and emotional support throughout the world. I feel blessed to work for a...

Making An Enduring Impact In Our Community

The Giles County Technology Center in Narrows, VA, offers skills education and certification for students and adults that enable them to join the workforce in their chosen profession after graduation....
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Celanese Frequently Asked Questions

  • When was Celanese founded?

    Celanese was founded in 1918.

  • Who are Celanese key executives?

    Celanese's key executives are Lori J. Ryerkerk, Scott A. Richardson and Shannon L. Jurecka.

  • How many employees does Celanese have?

    Celanese has 7,714 employees.

  • What is Celanese revenue?

    Latest Celanese annual revenue is $6.3 b.

  • What is Celanese revenue per employee?

    Latest Celanese revenue per employee is $816.3 k.

  • Who are Celanese competitors?

    Competitors of Celanese include Tokuyama, Braskem and LANXESS.

  • Where is Celanese headquarters?

    Celanese headquarters is located at 222 West Las Colinas Boulevard #900N, Irving.

  • Where are Celanese offices?

    Celanese has offices in Irving, Shanghai, Sulzbach (Taunus), Mumbai and in 2 other locations.

  • How many offices does Celanese have?

    Celanese has 6 offices.