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.
| Type | Public | |
| Founded | 1918 | |
| HQ | Irving, US | Map |
| Website | celanese.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Global Methyl Isobutyl Carbinol (MIBC) Markets, 2020-2025: A Fragmented Market - Major Companies are BASF, Mitsui Chemicals, Dow, AkzoNobel, and Celanese
- Celanese to Hold First Quarter Earnings Conference Call on April 28, 2020
- 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
- HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Urges Celanese Corporation (CE) Investors to Contact its Attorneys; Firm Investigating Possible Securities Fraud
Key People/Management at Celanese
Lori J. Ryerkerk
Chairman of the Board and Chief Executive Officer
Scott A. Richardson
Executive Vice President and Chief Financial Officer
Shannon L. Jurecka
Senior Vice President and Chief Human Resources Officer
A. Lynne Puckett
Senior Vice President and General Counsel
Tom Kelly
Senior Vice President, Engineered Materials
John Fotheringham
Senior Vice President, Acetyls
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
Celanese Financials and Metrics
Celanese Revenue
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
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.5b | 1.5b | 1.6b | 1.9b | 1.8b | 1.8b | 1.7b | 1.6b | 1.6b | 1.5b | 1.2b | 1.4b |
Cost of goods sold | 1.1b | 1.1b | 1.2b | 1.3b | 1.3b | 1.3b | 1.2b | 1.2b | 1.2b | 1.1b | 951.0m | 1.1b |
Gross profit | 352.0m | 367.0m | 385.0m | 515.0m | 521.0m | 516.0m | 453.0m | 423.0m | 414.0m | 348.0m | 242.0m | 327.0m |
Gross profit Margin, % | 24% | 24% | 25% | 28% | 28% | 29% | 27% | 27% | 26% | 24% | 20% | 23% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 501.0m | 511.0m | 461.0m | 490.0m | 708.0m | 703.0m | 441.0m | 491.0m | 497.0m | 570.0m | 539.0m | 29.0m |
Accounts Receivable | 886.0m | 985.0m | 989.0m | 1.2b | 1.2b | 1.1b | 1.0b | 971.0m | 947.0m | 853.0m | 729.0m | |
Inventories | 717.0m | 771.0m | 809.0m | 955.0m | 917.0m | 1.0b | 1.0b | 1.0b | 994.0m | 1.0b | 1.0b | |
Current Assets | 2.4b | 2.6b | 2.6b | 3.0b | 3.2b | 3.2b | 2.9b | 2.9b | 2.8b | 2.9b | 2.7b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 184.0m | 417.0m | 645.0m | 365.0m | 710.0m | 1.1b | 338.0m | 548.0m | 813.0m | 220.0m | 325.0m | 532.0m |
Depreciation and Amortization | 72.0m | 149.0m | 231.0m | 80.0m | 168.0m | 258.0m | 84.0m | 170.0m | 265.0m | 86.0m | 172.0m | 261.0m |
Inventories | 9.0m | 11.0m | (14.0m) | (27.0m) | (17.0m) | (142.0m) | 40.0m | 39.0m | 34.0m | (11.0m) | 27.0m | 78.0m |
Accounts Payable | 6.0m | 33.0m | 41.0m | 36.0m | 44.0m | (81.0m) | (51.0m) | (44.0m) | 1.0m | (150.0m) | (57.0m) |
| USD | Q1, 2017 |
|---|---|
Debt/Equity | 1 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.7 x |
Celanese Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Next Polymers Ltd. | October 11, 2018 | |
| Nilit Plastics | February 01, 2017 | |
| SO.F.TER. GROUP | October 18, 2016 | |
| Cool Polymers Inc | October 28, 2014 | |
| Acetex Corporation | July 13, 2005 | $492 m |
| Vinamul Polymers | March 17, 2005 | |
| Acetate Belgium Holdings B.V. | ||
| Acetate Belgium Holdings LLC | ||
| Acetate Europe Coöperatief U.A. | ||
| Acetate Holding Company Limited |
Celanese Revenue Breakdown
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
Celanese Environment, Social & Governance (ESG) Ratings
Celanese Online and Social Media Presence
3.91k Twitter followers
Celanese has 3.91k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.4% quarter over quarter
Celanese's Trends
Twitter Engagement Stats for @celanese
4.9k
Tweets
164
Following
3.9k
Followers
20
Tweets last 30 days
3.1
Avg. likes per Tweet
100%
Tweets with engagement
Celanese Company Culture
Overall Culture
A+
78/100
CEO Rating
A+
80/100
Compensation
A+
97/100
Celanese News and Updates
October 28, 2020
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…
April 07, 2020
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…
February 15, 2020
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...
February 08, 2020
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...
January 30, 2020
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…
September 30, 2019
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
Celanese Blogs
April 29, 2020
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...
April 21, 2020
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...
March 03, 2020
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.
November 14, 2019
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,...
October 10, 2019
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...
August 16, 2019
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....
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.
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