Celanese

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, TX, USMap
Websitecelanese.com
Employee Ratings3.8More
Overall CultureA+More
View Jobs (162)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)7,658
Job Openings162
Revenue (FY, 2020)$5.7 B(-10%)
Share Price (Jun 2021)$148.6
Cybersecurity ratingBMore

Key People/Management at Celanese

Lori J. Ryerkerk

Lori J. Ryerkerk

Chairman, Chief Executive Officer and President
Scott A. Richardson

Scott A. Richardson

Executive Vice President and Chief Financial 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
Julian Duckmanton

Julian Duckmanton

Vice President, Cellulose Derivatives
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Celanese Office Locations

Celanese has offices in Irving, Shanghai, Sulzbach (Taunus), Mumbai and in 2 other locations
Irving, TX, 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
701, C & B Square Building, Sangam Complex, 127 Andheri Kurla Road, Chakala, Andheri East
Tokyo, JP
Holland Hills Mori Tower 17F 5-11-2, Toranomon
Amsterdam, NL
The New Atrium, 6th floor, Strawinskylaan 3105
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Celanese Financials and Metrics

Celanese Revenue

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Celanese's revenue was reported to be $5.66 b in FY, 2020 which is a 10.2% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.8b

Gross profit (Q1, 2021)

485.0m

Gross profit margin (Q1, 2021), %

27%

Net income (Q1, 2021)

323.0m

EBITDA (Q1, 2021)

570.0m

EBIT (Q1, 2021)

326.0m

Market capitalization (22-Jun-2021)

16.7b

Closing stock price (22-Jun-2021)

148.6

Cash (31-Mar-2021)

791.0m

EV

19.8b
Celanese's current market capitalization is $16.7 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

7.2b6.3b5.7b

Revenue growth, %

17%(12%)(10%)

Cost of goods sold

5.2b4.7b4.4b

Gross profit

2.0b1.6b1.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7b1.6b1.6b1.5b1.2b1.4b1.8b

Cost of goods sold

1.2b1.2b1.2b1.1b951.0m1.1b1.3b

Gross profit

453.0m423.0m414.0m348.0m242.0m327.0m485.0m

Gross profit Margin, %

27%27%26%24%20%23%27%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

439.0m463.0m955.0m

Accounts Receivable

1.0b850.0m792.0m

Inventories

1.0b1.0b978.0m

Current Assets

2.9b2.8b3.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

441.0m491.0m497.0m570.0m539.0m615.0m791.0m

Accounts Receivable

1.0b971.0m947.0m853.0m729.0m716.0m959.0m

Inventories

1.0b1.0b994.0m1.0b1.0b1.0b1.0b

Current Assets

2.9b2.9b2.8b2.9b2.7b2.8b3.7b
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.2b858.0m2.0b

Depreciation and Amortization

349.0m356.0m356.0m

Inventories

(158.0m)6.0m124.0m

Accounts Payable

15.0m(59.0m)(6.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

338.0m548.0m813.0m220.0m329.0m538.0m323.0m

Depreciation and Amortization

84.0m170.0m265.0m86.0m175.0m265.0m91.0m

Inventories

40.0m39.0m34.0m(11.0m)27.0m78.0m(62.0m)

Accounts Payable

(81.0m)(51.0m)(44.0m)1.0m(150.0m)(57.0m)156.0m
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USDFY, 2018

EV/EBITDA

6.7 x

EV/EBIT

11 x

EV/CFO

9.4 x

Revenue/Employee

931.2k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.8 x

P/E Ratio

10.1
Show all financial metrics

Celanese Operating Metrics

FY, 2018FY, 2019FY, 2020

Affiliate Production Facilities

996

Production Facilities

323033
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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: 36.2% from Engineered Materials, 9.0% from Acetate Tow and 54.8% from Acetyl Chain

Celanese revenue breakdown by geographic segment: 11.1% from Singapore, 26.3% from US, 15.7% from China, 32.5% from Germany and 14.4% from Other

Human Capital Metrics

Source: uploads3.craft.co
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Celanese Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

Learn more about our premium products
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Celanese Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

Learn more about our premium products
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Celanese Online and Social Media Presence

Celanese's Trends

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Celanese Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    97/100

Learn more on Comparably

Celanese News and Updates

June 22, 2021

Insights on the Wire and Cable Materials Global Market to 2030 - Featuring Celanese, BASF and 3M Among Others

Dublin, June 22, 2021 (GLOBE NEWSWIRE) -- The "Wire and Cable Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030" report has been added to ResearchAndMarkets.com's offering. The latest study collated and published by the publisher analyzes the histo…
May 25, 2021

Nanoform and Celanese Explore Ways to Enhance Drug Delivery

HELSINKI, May 25, 2021 /PRNewswire/ -- Nanoform Finland Plc, an innovative nanoparticle medicine enabling company, and Celanese Corporation (NYSE: CE), a global specialty materials company, today announced plans to explore the synergies between their respective technologies in the field...
April 22, 2021

Celanese stock gains after company's Q1 pricing boost

Shares of Celanese Corp. rose 2% in the extended session Thursday after the chemical and specialty materials company reported first-quarter results that topped Wall Street views. Celanese earned $323 million, or $2.82 a share, compared with $220 million a year ago. Adjusted for one-time items, the …
November 30, 2020

Non Sugar Sweeteners Market Forecast to 2027 - Austrade Inc., Beckmann-Kenko GmbH, Cargill, Celanese Corporation, Ingredion

Non Sugar Sweeteners Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Applications (Beverages, Food products, Others); Type (Artificial sweeteners, Natural sweeteners) and Geography Posted via Industry Today. Follow us on Twitter @IndustryToday
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...
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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....
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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 A. Lynne Puckett.

  • How many employees does Celanese have?

    Celanese has 7,658 employees.

  • What is Celanese revenue?

    Latest Celanese annual revenue is $5.7 b.

  • What is Celanese revenue per employee?

    Latest Celanese revenue per employee is $738.4 k.

  • Who are Celanese competitors?

    Competitors of Celanese include Airgas, Ferro and Mitsubishi Chemical.

  • 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.