CE Stock Discussion

Celanese Corporation Description

Celanese Corporation engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. The Advanced Engineered Materials segment offers specialty polymers for application in automotive, medical, and electronics products, as well as other consumer and industrial applications. The Consumer Specialties segment provides cellulose acetate flake, film, and tow used in filter products applications; Sunett, a sweetener; and food protection ingredients, such as sorbates and sorbic acid for the food, beverage, and pharmaceutical industries. The Industrial Specialties segment produces emulsions and ethylene vinyl acetate (EVA) performance polymers. Its emulsions products are used in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and EVA performance polymers are used in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive, carpeting, and photovoltaic cells. The Acetyl Intermediates segment offers acetyl products, including acetic acid, vinyl acetate monomer, acetic anhydride, and acetate esters for use as starting materials for colorants, paints, adhesives, coatings, and medicines. It also provides organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. The company offers its products directly, as well as through distributors in North America, Europe, Africa, the Asia-Pacific, and South America. Celanese Corporation was founded in 2004 and is headquartered in Irving, Texas.

Sector: Basic Materials
Industry: Chemicals
Keywords: S&P 500 Chemical Acid Beverage Textiles Organic Compounds Chemical Substances Adhesives Chemical Product Commodity Chemicals Polymers Carpet Thermoplastic Packaging Materials Medical Products Pharmaceutical Industries Cellulose Monomer Solvents Acetate Electronics Products Lamination Film Products Cellulose Acetate Glass Fiber Acetyl Products Filter Products