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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.
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Celanese Corporation (NYSE: CE) has announced comprehensive price increases across its engineered materials portfolio, effective June 1, 2025. The price adjustments affect various product lines including LCP/PCT, PPS, LCPA, HTN, PA 6, PA 66, TPV, TPC, and other specialty materials across Asia, Americas, and EMEA regions.
The increases range from €0.09/kg to €1.10/kg in EMEA, and $0.10/kg to $1.25/kg in Asia and Americas. The company cites several factors driving these increases, including heightened costs of product movement, inventory repositioning, plant operational expenses, changing trade regulations, and raw materials. Celanese, with 2024 net sales of $10.3 billion and over 11,000 employees worldwide, emphasizes its position to manage global operations for enhanced supply continuity.
Celanese Corporation (NYSE: CE) reported Q1 2025 results with a U.S. GAAP diluted loss per share of $0.15 and adjusted EPS of $0.57. Net sales reached $2.4 billion, up 1% from previous quarter. The company faced persistent global demand weakness, particularly in automotive, paints, coatings, and construction sectors.
Key financial metrics include: consolidated operating profit of $168 million, adjusted EBIT of $234 million, and operating EBITDA of $414 million. The company announced increased cost reduction targets for 2025 to $120 million, up from previously announced $80 million. Celanese plans to divest its Micromax® business and completed refinancing transactions of $2.6 billion to improve its debt profile.
For Q2 2025, Celanese expects adjusted earnings per share of $1.30 to $1.50. The company projects free cash flow of $700-800 million for full-year 2025.
Celanese Corporation (NYSE: CE) has announced its intention to divest its Micromax® portfolio, a leading global supplier of advanced electronic inks and pastes. The Micromax® business, expected to generate over $300 million in 2025 revenue, specializes in high-performance electronics materials used in navigation, defense, medical monitoring, and circuit board components.
The divestment aligns with Celanese's strategic priority of cash generation and deleveraging its balance sheet. Morgan Stanley & Co. LLC is serving as financial advisor, while Kirkland & Ellis LLP provides legal counsel. The transaction's completion depends on various conditions, including board approval and regulatory clearances.
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.
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.
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.
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.
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.
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.
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.