Celanese Corp. (CE) Misses Q4 EPS by 14c, Revenues Miss
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January 30, 2020 8:32 AM EST
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, and Nouryon today announced they have signed an agreement for Celanese to acquire Nouryons redispersible polymer powders business offered under the Elotex® brand (Elotex business). As part of the acquisition, Celanese will acquire all of Nouryons global production facilities for redispersible polymer powders across Europe and Asia, all products under the Elotex portfolio, as well as all customer agreements, technology and commercial facilities globally.
By acquiring Elotex, Celanese will have direct access to a relatively fast-growing applications and a customer... More
January 29, 2020 5:01 PM EST
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announces preliminary plans to expand its emulsion polymers derivatives business to extend the value of its global acetyl chain. These focused investments allow Celanese to implement integrated capital deployments to capture disproportionate growth in the global Emulsions market.
As a world leader in the acetyls and derivatives space, Celanese has an unparalleled, globally integrated production, distribution and sales network to maximize the acetyl chains downstream optionality and capture growth in key regions and end uses, said Todd Elliott, senior vice... More
