← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Celanese
-26.64%
Chemicals / Chemicals and advanced materials
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Celanese is a global chemical and specialty materials company that produces a wide range of products used in various industries, such as automotive, consumer goods, electronics, and pharmaceuticals. The company was founded in 1918 and is headquartered in Dallas, Texas.
Products and services offered by Celanese
Celanese produces a variety of chemical and specialty materials products, including:
1. Acetic Acid: Used in the production of numerous consumer and industrial products, such as textiles, plastic bottles, and adhesives.
2. Acetate Tow: Used in the production of cigarette filter tow.
3. Acrylic Emulsion Polymers: Used in coatings, adhesives, and construction materials.
4. Ethylene Vinyl Acetate (EVA) Polymers: Used in packaging, footwear, and wire and cable applications.
5. Engineered Materials: Used in various applications, including automotive, electronics, and medical devices.
6. Ethanol: Used as a solvent and in the production of chemicals and fuels.
7. Methyl Ethyl Ketone (MEK): Used as a solvent in paints, coatings, and adhesives.
8. Nutrinova Potassium Sorbate: Used as a preservative in food and beverage products.
9. Polyacetal: Used in automotive, appliance, and consumer goods industries.
10. Polyurethane: Used in the production of foams, coatings, adhesives, and sealants.
In addition to these products, Celanese also provides technical and analytical services, as well as support and innovation for their customers.
Celanese's global presence
Celanese has a global presence with operations in North America, Europe, and Asia, including manufacturing facilities, research and development centers, and sales offices. The company also has a network of distributors and agents to serve customers around the world.
Corporate social responsibility
Celanese is committed to environmental sustainability and social responsibility. The company has set goals to reduce its environmental impact and improve its community involvement, including programs for education, sustainability, and employee volunteerism.
In addition, Celanese has a Code of Conduct that outlines the company's commitment to ethical and responsible business practices. The company also provides regular updates and reports on its progress towards meeting these goals and commitments.
Conclusion
Celanese is a global chemical and specialty materials company that offers a diverse range of products and services to industries around the world. With a commitment to sustainability and ethical business practices, Celanese continues to innovate and provide value to its customers and communities.
Products and services offered by Celanese
Celanese produces a variety of chemical and specialty materials products, including:
1. Acetic Acid: Used in the production of numerous consumer and industrial products, such as textiles, plastic bottles, and adhesives.
2. Acetate Tow: Used in the production of cigarette filter tow.
3. Acrylic Emulsion Polymers: Used in coatings, adhesives, and construction materials.
4. Ethylene Vinyl Acetate (EVA) Polymers: Used in packaging, footwear, and wire and cable applications.
5. Engineered Materials: Used in various applications, including automotive, electronics, and medical devices.
6. Ethanol: Used as a solvent and in the production of chemicals and fuels.
7. Methyl Ethyl Ketone (MEK): Used as a solvent in paints, coatings, and adhesives.
8. Nutrinova Potassium Sorbate: Used as a preservative in food and beverage products.
9. Polyacetal: Used in automotive, appliance, and consumer goods industries.
10. Polyurethane: Used in the production of foams, coatings, adhesives, and sealants.
In addition to these products, Celanese also provides technical and analytical services, as well as support and innovation for their customers.
Celanese's global presence
Celanese has a global presence with operations in North America, Europe, and Asia, including manufacturing facilities, research and development centers, and sales offices. The company also has a network of distributors and agents to serve customers around the world.
Corporate social responsibility
Celanese is committed to environmental sustainability and social responsibility. The company has set goals to reduce its environmental impact and improve its community involvement, including programs for education, sustainability, and employee volunteerism.
In addition, Celanese has a Code of Conduct that outlines the company's commitment to ethical and responsible business practices. The company also provides regular updates and reports on its progress towards meeting these goals and commitments.
Conclusion
Celanese is a global chemical and specialty materials company that offers a diverse range of products and services to industries around the world. With a commitment to sustainability and ethical business practices, Celanese continues to innovate and provide value to its customers and communities.
What is special about the company?
1. History and Legacy: The Celanese Corporation has a long and rich history, dating back to 1918. It has a strong global presence, with operations in 62 countries, and a legacy of innovation and industry leadership.
2. Diverse Portfolio: Celanese has a diverse portfolio of products that cater to a wide range of industries including automotive, consumer goods, and healthcare. This diversity helps the company stay resilient in challenging market conditions.
3. Strong Focus on Innovation: At Celanese, innovation is at the core of everything they do. The company invests heavily in research and development to develop new products and improve existing ones. This has helped them stay ahead of their competitors and maintain a competitive advantage.
4. Commitment to Sustainability: Celanese is committed to sustainable operations and has set ambitious goals to reduce its environmental impact. The company has also received several awards and recognition for its sustainability efforts.
5. Strong Ethical and Corporate Values: Celanese follows a strong ethical code of conduct and has a strong commitment to corporate responsibility. This includes ethical business practices, employee well-being, and community engagement.
6. Employee Development and Diversity: The company values its employees and provides numerous opportunities for professional and personal development. Celanese also promotes diversity and inclusion in its workplace, with initiatives to support women and minorities.
7. Customer-Focused Approach: Celanese has a customer-centric approach and works closely with its customers to understand their needs and develop customized solutions. This has helped the company build long-term relationships with its customers.
8. Financial Strength: Celanese is a financially stable company with a strong balance sheet and consistent profitability. This makes it well-positioned to weather economic downturns and invest in growth opportunities.
9. Strong Corporate Governance: The company has a strong corporate governance structure, with an independent board of directors and clear policies and procedures in place to ensure transparency and accountability.
10. Recognitions and Awards: Celanese has received numerous awards and recognition for its business practices and products, including being named one of the "World's Most Ethical Companies" by Ethisphere Institute and the "Most Innovative Collaboration of the Year" by the Eastman Award for Innovation.
2. Diverse Portfolio: Celanese has a diverse portfolio of products that cater to a wide range of industries including automotive, consumer goods, and healthcare. This diversity helps the company stay resilient in challenging market conditions.
3. Strong Focus on Innovation: At Celanese, innovation is at the core of everything they do. The company invests heavily in research and development to develop new products and improve existing ones. This has helped them stay ahead of their competitors and maintain a competitive advantage.
4. Commitment to Sustainability: Celanese is committed to sustainable operations and has set ambitious goals to reduce its environmental impact. The company has also received several awards and recognition for its sustainability efforts.
5. Strong Ethical and Corporate Values: Celanese follows a strong ethical code of conduct and has a strong commitment to corporate responsibility. This includes ethical business practices, employee well-being, and community engagement.
6. Employee Development and Diversity: The company values its employees and provides numerous opportunities for professional and personal development. Celanese also promotes diversity and inclusion in its workplace, with initiatives to support women and minorities.
7. Customer-Focused Approach: Celanese has a customer-centric approach and works closely with its customers to understand their needs and develop customized solutions. This has helped the company build long-term relationships with its customers.
8. Financial Strength: Celanese is a financially stable company with a strong balance sheet and consistent profitability. This makes it well-positioned to weather economic downturns and invest in growth opportunities.
9. Strong Corporate Governance: The company has a strong corporate governance structure, with an independent board of directors and clear policies and procedures in place to ensure transparency and accountability.
10. Recognitions and Awards: Celanese has received numerous awards and recognition for its business practices and products, including being named one of the "World's Most Ethical Companies" by Ethisphere Institute and the "Most Innovative Collaboration of the Year" by the Eastman Award for Innovation.
What the company's business model?
The Celanese company's business model is primarily focused on manufacturing and selling chemical products and specialty materials. They operate in several different segments, including Advanced Engineered Materials, Acetyl Chain, Acetate Tow, and Industrial Specialties. Additionally, they offer technical consultancy and research services to help their customers improve their own products and processes. The company also prioritizes sustainable development and incorporates sustainable practices into its business model.
Interesting facts about the company
1. The Celanese Corporation was founded in 1918 by two Swiss scientists, Camille and Henri Dreyfus.
2. It was originally called the ’American Cellulose and Chemical Manufacturing Company’ and was focused on producing cellulose acetate products.
3. In the 1930s, the company expanded into producing chemicals for textiles, plastics, and food products.
4. During World War II, Celanese played a crucial role in providing materials for the war effort, including synthetic rubber, fabrics, and explosives.
5. In 1957, Celanese invented a new type of polyester fabric called Celanese Fortrel, which quickly became popular in the fashion industry.
6. In the 1960s, Celanese began producing synthetic fibers for paper and paperboard, revolutionizing the packaging industry.
7. During the oil crisis of the 1970s, Celanese developed advanced technology for the production of ethanol, an alternative fuel source.
8. In 2005, Celanese spun off from its parent company, Hoechst AG, and became a separate, publicly traded company.
9. Today, Celanese is a multinational chemical company with over 7,500 employees and operations in over 30 countries.
10. The company’s products are used in a wide range of industries, including automotive, consumer goods, energy, and healthcare.
11. Celanese has a strong commitment to sustainability and has received multiple awards for its environmental and social responsibility efforts.
12. The company has also been recognized for its innovation, winning multiple awards for its advancements in product technology and manufacturing processes.
13. In 2019, Celanese was ranked #20 on Fortune’s ’World’s Most Admired Companies’ list in the chemical industry category.
14. Celanese is also committed to giving back to the communities where it operates, supporting education, health, and environmental initiatives through its Celanese Foundation.
15. The company’s logo features the symbol for ’cellulose acetate,’ one of its first and key products, and has remained relatively unchanged since its creation nearly 100 years ago.
See Company Due Diligence:
2. It was originally called the ’American Cellulose and Chemical Manufacturing Company’ and was focused on producing cellulose acetate products.
3. In the 1930s, the company expanded into producing chemicals for textiles, plastics, and food products.
4. During World War II, Celanese played a crucial role in providing materials for the war effort, including synthetic rubber, fabrics, and explosives.
5. In 1957, Celanese invented a new type of polyester fabric called Celanese Fortrel, which quickly became popular in the fashion industry.
6. In the 1960s, Celanese began producing synthetic fibers for paper and paperboard, revolutionizing the packaging industry.
7. During the oil crisis of the 1970s, Celanese developed advanced technology for the production of ethanol, an alternative fuel source.
8. In 2005, Celanese spun off from its parent company, Hoechst AG, and became a separate, publicly traded company.
9. Today, Celanese is a multinational chemical company with over 7,500 employees and operations in over 30 countries.
10. The company’s products are used in a wide range of industries, including automotive, consumer goods, energy, and healthcare.
11. Celanese has a strong commitment to sustainability and has received multiple awards for its environmental and social responsibility efforts.
12. The company has also been recognized for its innovation, winning multiple awards for its advancements in product technology and manufacturing processes.
13. In 2019, Celanese was ranked #20 on Fortune’s ’World’s Most Admired Companies’ list in the chemical industry category.
14. Celanese is also committed to giving back to the communities where it operates, supporting education, health, and environmental initiatives through its Celanese Foundation.
15. The company’s logo features the symbol for ’cellulose acetate,’ one of its first and key products, and has remained relatively unchanged since its creation nearly 100 years ago.
See Company Due Diligence:
Wait! There's more — sign up for free or log in