Celanese Corporation

Celanese Corporation is a global technology and specialty materials company headquartered in Irving, Texas, U.S.. As a Fortune 500 corporation, its mission is to provide innovative chemical and material solutions that improve the world and everyday life. The company operates globally, with manufacturing facilities and research centers across North America, Europe, and Asia.

Celanese's core business is structured around two primary segments: Acetyl Chain and Engineered Materials. The Acetyl Chain is a leading global producer of intermediate chemicals, including acetic acid and vinyl acetate monomer (VAM), which are fundamental building blocks for various industries such as automotive, construction, medical, paints, coatings, adhesives, and pharmaceuticals. The Engineered Materials segment focuses on high-performance polymers and thermoplastic elastomers used in demanding applications across automotive, electronics, telecommunications, medical, consumer goods, and aerospace sectors. Additionally, Celanese produces cellulose acetate, primarily utilized in cigarette filters and fashion apparel.

In recent leadership news, Scott Richardson was appointed Chief Executive Officer, effective January 1, 2025, succeeding Lori Ryerkerk, with Edward Galante elected as the new Chairman of the Board. The company has recently announced price increases for a range of engineered materials products, effective May 1, 2026, and for acetyl products, effective immediately as of March 16, 2026, citing market developments and global supply chain disruptions. Celanese also declared a quarterly dividend of $0.03 per share, payable on May 11, 2026.