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Celanese Corp Del - CE STOCK NEWS

Welcome to our dedicated page for Celanese Del news (Ticker: CE), a resource for investors and traders seeking the latest updates and insights on Celanese Del stock.

Celanese Corp Del (CE) delivers essential chemical solutions and specialty materials powering industries from automotive to electronics. This dedicated news hub provides investors and professionals with timely updates on corporate developments, financial milestones, and technical innovations.

Access authoritative coverage of earnings announcements, strategic partnerships, and product advancements that shape Celanese's market leadership. Our curated collection features official press releases and third-party analysis of critical initiatives in polymer engineering, cellulose derivatives, and sustainable production methods.

Key updates include financial performance reports, manufacturing capacity expansions, and R&D breakthroughs in high-performance materials. Track the company's progress in addressing evolving demands across global markets while maintaining operational excellence in chemical engineering.

Bookmark this page for streamlined access to Celanese's latest business developments. Stay informed about the specialty materials sector through comprehensive coverage of CE's strategic positioning and industry impact.

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Celanese and Li Auto have announced a collaborative initiative to launch Hostaform® POM XAP®3, an innovative ultra-low emission material, in May. This advanced material achieves 90% lower formaldehyde emissions compared to current industry standards and will be integrated into Li Auto's upcoming vehicle cabin components.

The partnership combines Celanese's expertise in materials science with Li Auto's position in China's new energy vehicle market. The new material is based on Celanese's third-generation low-emission technology platform, aiming to enhance in-cabin air quality and passenger comfort.

Todd Elliott, Senior VP of Engineered Materials at Celanese, emphasized their commitment to improving everyday life through materials science. Li Auto's Head of Materials Department, Jichao Duan, highlighted the growing importance of cabin health in smart vehicles.

Celanese, with 2024 net sales of $10.3 billion and over 11,000 employees worldwide, continues to expand its presence in China's new energy vehicles market. Li Auto, known for its extended-range electric vehicles, offers various models including Li MEGA, L9, L8, L7, and L6.

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Celanese (NYSE: CE) has launched AskChemille.com, a digital assistant platform revolutionizing material selection for design engineers. Chemille™ offers intelligent search capabilities, providing predictive insights and customized recommendations for engineered materials.

The platform features comprehensive material search options, alternative identification, application matching, and specifications search functionalities. It includes 24/5 live chat support with engineers and a resource library of case studies. Key benefits include time savings, risk reduction, and potential lower development costs for manufacturers.

The system leverages Celanese's century-long polymer science expertise, offering tailored material recommendations across the company's entire portfolio. The platform helps users input specific properties like thermal resistance, mechanical strength, and chemical compatibility to find optimal material solutions.

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Dunn-Edwards has partnered with Celanese (NYSE: CE) to introduce Carbon Capture and Utilization (CCU) technology in architectural coatings for the U.S. market. This first-to-market initiative aims to reduce greenhouse gas emissions by using captured CO2 in paint production.

The process involves capturing industrial CO2 emissions at Celanese's Clear Lake, Texas facility to create vinyl acetate-based emulsions, a key component in architectural paints. The implementation is projected to utilize over 2 million pounds of captured CO2 annually, equivalent to the CO2 consumption of 800 acres of forest per year.

The collaboration aligns with Dunn-Edwards' greener by design® commitment, offering products that maintain performance while reducing environmental impact. The CCU technology uses mass-balance accounting to track the mixture of CCU and fossil-fuel based feedstocks.

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Celanese (NYSE: CE), a global chemical and specialty materials company, has announced a quarterly cash dividend of $0.03 per share on its common stock. The dividend will be payable on May 12, 2025, to stockholders of record as of April 28, 2025.

The company, which employs over 11,000 people worldwide, reported net sales of $10.3 billion in 2024. Celanese focuses on producing specialty material solutions across major industries and consumer applications, emphasizing sustainability through responsible materials management and expanding its sustainable products portfolio.

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Celanese (NYSE: CE) has scheduled its first quarter 2025 earnings conference call for Tuesday, May 6, 2025, at 9:00 a.m. ET. The company will release its Q1 earnings press release after NYSE market close on Monday, May 5, 2025.

The conference call will be accessible via webcast and phone, with replay available until May 20, 2025. Celanese, a global chemical and specialty materials company, reported net sales of $10.3 billion in 2024 and employs over 11,000 people worldwide.

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Celanese (NYSE: CE) has completed a series of refinancing transactions to extend its debt maturity profile and reduce borrowing costs. The company executed registered offerings of approximately $2.6 billion in senior notes, including $700 million due 2030, $1.1 billion due 2033, and €750 million due 2031.

The refinancing will extend the average debt maturity from 3.8 to 4.8 years and reduce 2025-2026 debt maturities from $2.8 billion to $1.1 billion. Through these transactions and a new Japanese yen cross-currency swap, Celanese's effective total net borrowing rate will decrease by approximately 9 basis points to 5.04%.

CFO Chuck Kyrish emphasized the company's commitment to reaching a targeted net debt to EBITDA metric of 3x through aggressive and prudent deleveraging actions.

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Celanese (NYSE: CE) has announced pricing details for cash tender offers through its subsidiary Celanese US Holdings The tender offers target:

- €552,082,000 of 4.777% Senior Notes due 2026 (EUR Notes)
- $500,000,000 of 6.415% Senior Notes due 2027 (USD Notes)

The company received tenders of €552,082,000 in EUR Notes and $1,354,646,000 in USD Notes by the Early Tender Time on March 18, 2025. Due to full subscription at Early Tender Time, no additional tenders after this deadline will be accepted. The Early Settlement Date is expected to be March 21, 2025.

Holders who validly tendered before the Early Tender Time will receive the Total Consideration plus accrued and unpaid interest. J.P. Morgan Securities leads the tender offers, with BofA Securities and HSBC Securities as Co-Dealer Managers.

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Celanese (NYSE: CE) announced the early results of tender offers by its subsidiary Celanese US Holdings to purchase senior notes. The company has increased the purchase caps to: (i) €552,082,000 of 4.777% Senior Notes due 2026 and (ii) $500,000,000 of 6.415% Senior Notes due 2027.

As of the Early Tender Time, €552,082,000 of EUR Notes and $1,354,646,000 of USD Notes were validly tendered. The company expects to pay for accepted notes on March 21, 2025 (Early Settlement Date). Due to full subscription at Early Tender Time, no additional notes tendered after this period will be accepted.

The Total Consideration will be determined on March 19, 2025, based on the applicable fixed spread and Reference Yield. The Financing Condition for the Tender Offers has been satisfied.

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Celanese (NYSE: CE) has announced price increases for its vinyl acetate monomer (VAM), vinyl-based emulsions, redispersible powders (RDP) and other derivative products in the Western Hemisphere. The price adjustments will take effect on March 17, 2025 or as contracts allow.

Celanese, a global chemical and specialty materials company, reported 2024 net sales of $10.3 billion and employs approximately 12,200 people worldwide. The company focuses on producing specialty material solutions across major industries and consumer applications, with a commitment to sustainability and responsible materials management.

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Celanese (NYSE: CE) has announced the pricing of a $2.6 billion senior unsecured notes offering through its subsidiary Celanese US Holdings The offering, upsized from $2.0 billion, includes:

  • $700 million of 6.500% Senior Notes due 2030
  • $1.1 billion of 6.750% Senior Notes due 2033
  • €750 million (approximately $810 million) of 5.000% Senior Notes due 2031

The proceeds will fund tender offers for existing notes, repay term loan borrowings, cover revolving credit facility debt, and handle other corporate purposes. CFO Chuck Kyrish emphasized the company's commitment to proactively managing debt maturity profile while maintaining financial flexibility. The offering is expected to close around March 14, 2025.

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FAQ

What is the current stock price of Celanese Del (CE)?

The current stock price of Celanese Del (CE) is $44.51 as of April 30, 2025.

What is the market cap of Celanese Del (CE)?

The market cap of Celanese Del (CE) is approximately 4.6B.
Celanese Corp Del

NYSE:CE

CE Rankings

CE Stock Data

4.65B
111.31M
0.41%
102.65%
7.96%
Chemicals
Plastic Material, Synth Resin/rubber, Cellulos (no Glass)
Link
United States
IRVING