Celanese Corp. (CE) Tops Q1 EPS Views; Boosts FY15 EPS Outlook

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Celanese Corporation Reports Record Quarterly Results

April 16, 2015 5:10 PM EDT

Raises 2015 Adjusted Earnings Outlook Range to $5.60 to $5.90 Per Share

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today reported first quarter 2015 adjusted earnings per share of $1.72 versus $1.28 in the prior quarter.

First quarter 2015 financial highlights:

Aligned along two value drivers: Materials Solutions, which includes the Advanced Engineered Materials and Consumer Specialties segments, and the Acetyl Chain, which includes the Acetyl Intermediates and Industrial Specialties segments Achieved record adjusted earnings of $1.72 per share, up 34 percent... More

Celanese and Mitsui Entered Into an Exclusivity Agreement for Potential Methanol Unit at Bishop, Texas

April 16, 2015 9:01 AM EDT

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, and Mitsui & Co., Ltd., of Tokyo, Japan, entered into an exclusive arrangement to explore a joint venture for methanol production at Celaneses integrated chemical plant in Bishop, Texas.

The potential methanol unit at Bishop is expected to have an annual capacity of 1.3 million tons and would leverage the design benefits of the Clear Lake, Texas methanol unit that is currently under construction. Celanese has filed for air permits with the Texas Commission on Environmental Quality for a... More