Celanese(NYSE) CE

Celanese Corporation creates chemicals for everyday items. These materials improve cars, electronics, and healthcare tools. The company helps manufacturers build durable and efficient products.

What Does Celanese Build?

• Engineered Materials: Specialty polymers for automotive, medical, and electronic applications; generated $2,771 million in net sales during the six-month period ended June 30, 2026.
• Acetyl Chain: Intermediate chemicals used in paints, coatings, adhesives, and packaging; generated $2,365 million in net sales during the six-month period ended June 30, 2026.

Strategic Moves and Global Footprint

• Sold the Micromax business to Element Solutions for $493 million in Feb. 2026.
• Expanding a liquid crystal polymer facility in Nanjing, China, with completion scheduled for the second half of 2026.
• Constructing a vinyl acetate ethylene emulsion plant in Frankfurt, Germany, for a planned start-up in the third quarter of 2026.
• Announced the permanent closure of manufacturing operations in Lanaken, Belgium, to occur during the second half of 2026.

Standing Out in Chemicals

The company maintains leading global positions through proprietary technology and integrated production chains. Its diverse customer base spans several major industrial sectors across the Western Hemisphere and Asia.

Results by the Numbers

• Net sales reached $5,089 million in the six-month period ended June 30, 2026, up 3% year over year.
• Operating profit was $490 million in the six-month period ended June 30, 2026, up 24% year over year.
• Total debt decreased to $12.0 billion as of June 30, 2026, from $12.6 billion at the end of 2025.
• Capital expenditures are projected to be approximately $300 million to $350 million for 2026.

Evolution of the Business

Celanese has evolved by integrating specialty material acquisitions and streamlining its global production network. The company remains focused on reducing debt while maintaining its role as a key chemical intermediary.