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Celanese 

“Market Cap $8.74 B As of May 2014

At a Glance
  • Industry: Diversified Chemicals
  • Founded: 2004
  • Country: United States
  • CEO: Mark Rohr
  • Website: www.celanese.com
  • Employees: 7,430
  • Sales: $6.51 B
  • Headquarters: Irving, Texas
Forbes Lists

#1071 Global 2000

  • #1356 in Sales
  • #582 in Profit
  • #1889 in Assets
  • #1226 in Market value
Profile

Celanese Corp. is a technology and specialty materials company that engineers and manufactures a wide variety of products essential to everyday living. It is a producer of acetyl products, which are intermediate chemicals for nearly all major industries. The company also produces high performance engineered polymers that are used in a variety of high-value applications. It operates through four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates. The Advanced Engineered Materials segment uses advanced polymer technology to produce a broad portfolio of high performance specialty polymers used in a wide spectrum of applications, including automotive, medical and electronics products, as well as other consumer and industrial applications. The Consumer Specialties segment includes Acetate Products and Nutrinova businesses, which serves consumer-driven applications. These businesses deliver growth primarily through manufacturing productivity, geographic expansions and targeting high value opportunities in diverse applications and generally are not dependent on gross domestic product. The Industrial Specialties segment, which includes the Emulsions and EVA Performance Polymers businesses, is active in every major global industrial sector and serves diverse industrial and consumer end-use applications. These include traditional vinyl-based end uses, such as paints and coatings and adhesives, as well as other unique, high-value end uses including solar cells and medical applications. The Acetyl Intermediates segment produces and supplies acetyl products, including acetic acid, VAM, acetic anhydride and acetate esters. These products are generally used as starting materials for colorants, paints, adhesives, coatings and medicines. Other chemicals produced in this business segment are organic solvents and intermediates for pharmaceutical, agricultural and chemical products. The company was founded in 2004 and is headquartered in Irving, TX.

“Celanese History

In the past one hundred years, Celanese has transformed into a global technology and specialty materials company with leading businesses in key geographic regions. With a focus on safety, innovation, productivity, performance and results, our company is positioned to achieve significant future growth and deliver exceptional results for all stakeholders. Our history below highlights the milestones that formed Celanese. Click on the eras below to read details of our history.”

*Information from Forbes.com and Celanese.com

**Video published on YouTube by “Celanese