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.
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Celanese Corporation (NYSECE) (the “Company” or “Celanese”), a global chemical and specialty materials company, today announced that its subsidiary, Celanese US Holdings LLC (the “Issuer”), has priced registered offerings (the “Offering”) of $2.6 billion aggregate principal amount of notes, including $700 million aggregate principal amount of 6.500% Senior Notes due 2030, $1.1 billion aggregate principal amount of 6.750% Senior Notes due 2033 (together, the “USD Notes”) and €750 million (or approximately $810 million) aggregate principal amount of 5.000% Senior Notes due 2031 (the “Euro Notes” and, together with the USD Notes, the “Notes”). The Offering was upsized from $2.0 billion to $2.6 billion aggregate principal amount of Notes. The Notes will be guaranteed on a senior unsecured basis by the Company and certain of the Company’s wholly-owned domestic subsidiaries.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
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.
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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.
