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Last $57.31 USD
Change Today +1.50 / 2.69%
Volume 995.9K
CE On Other Exchanges
As of 8:04 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

222 West Las Colinas Boulevard

Suite 900N

Irving, TX 75039

United States

Phone: 972-443-4000


Celanese Corporation operates as a technology and specialty materials company. The company’s product portfolio serves a range of end-use applications, including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filtration applications, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications. Segments The company operates principally through four business segments, including Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. Advanced Engineered Materials This segment includes its engineered materials business and certain strategic affiliates. The company’s engineered materials business uses advanced polymer technology to produce a portfolio of specialty polymers used in a spectrum of applications, including automotive, medical and electronics, as well as other consumer and industrial applications. A significant portion of the company’s engineered materials products are specified by customers due to its differentiated polymer processing and material capability, which creates sustainable value for its polymers. This business segment also includes four strategic affiliates. The company’s specialty polymers have differentiated chemical and physical properties that enable them to perform in various conditions. These include enduring elevated temperatures, resisting adverse chemical interactions, and withstanding deformation. Polyoxymethylene (POM), polybutylene terephthalate (PBT) and long-fiber reinforced thermoplastics (LFRT) are used in a range of performance-demanding applications, including fuel system components, automotive safety systems, consumer electronics, appliances, industrial products and medical applications. Ultra-high molecular weight polyethylene (UHMW-PE) is used in battery separators, industrial products, filtration equipment, coatings and medical applications. Primary end uses for liquid crystal polymers (LCP) are electrical applications or products and consumer electronics. These value-added applications in end-uses support the business' global growth objectives. The company’s engineered materials business has operations, including polymerization, compounding, research and development, and customer technology centers in Brazil, China, Germany, South Korea and the U.S. In 2014, the company expanded its compounding capabilities at its integrated chemical complex in Nanjing, China, to include polyphenylene sulfide (PPS), which is used to replace metals and thermosets in applications spanning the automotive, electronics, and aerospace industries. In October 2014, the company announced the acquisition of Cool Polymers, Inc., based in North Kingstown, Rhode Island. Key Products POM: Commonly known as polyacetal in the chemical industry, POM is sold by the company’s engineered materials business under the trademarks Celcon and Hostaform. POM is used for end-use applications in the automotive, industrial, consumer and medical industries. These applications include mechanical parts in automotive fuel system components and window lift systems, water handling, conveyor belts, sprinkler systems, drug delivery systems and gears in large and small home appliances. The company has expanded its portfolio to include products with higher impact and stiffness, low emissions, improved wear and enhanced appearance, such as laser marking and metallic effects. Polyplastics Co., Ltd., the company’s 45%-owned strategic affiliate (Polyplastics), and Korea Engineering Plastics Co., Ltd., its 50%-owned strategic affiliate (KEPCO), also manufacture POM and other engineering resins in the Asia-Pacific region. UHMW-PE: The company offers UHMW-PE products, which are sold under the trademark GUR. They are highly engineered thermoplastics designed for various industrial, automotive, consumer and medical applications. Primary applications for the material include lead acid battery separators, heavy machine components, lithium ion separator membranes, and noise and vibration dampening tapes. Various specialty g


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Price/Cash Flow 26.1x
TEV/Sales 0.7x

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