Celanese (CE) PT Raised to $176 at RBC Capital

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Celanese Receives American Chemistry Council’s 2024 Sustainability Leadership Award for Achievements in Circularity

May 9, 2024 10:00 AM EDT

DALLAS--(BUSINESS WIRE)-- Celanese Corporation, a global specialty materials and chemical company, today announced it has received the American Chemistry Councils (ACC) 2024 Sustainability Leadership Award, which recognizes exemplary products, technologies and initiatives that help advance sustainability.

Celanese earned the award in the Circularity category for its active carbon capture and utilization (CCU) project at its Clear Lake, Texas, manufacturing site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The project is expected to capture 180,000 metric tons of carbon dioxide (CO2) industrial emissions and produce 130,000 metric tons of low-carbon methanol annually.

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