Celanese Corporation (CE) is a global technology and specialty materials company that produces a wide range of chemical products, including engineered polymers, advanced chemicals, and other industrial products. Headquartered in Dallas, Texas, USA, the company was originally founded in 1918 as the American Cellulose & Chemical Manufacturing Company. Over the years, it has evolved and grown through various mergers, acquisitions, and divestitures.
Celanese operates through two primary business segments:
- Engineered Materials: This segment focuses on the production of high-performance polymers and engineering plastics, which are used in a diverse range of applications, including automotive, electronics, aerospace, consumer products, medical devices, and more. Key products within this segment include thermoplastic resins, specialty compounds, and other performance materials.
- Acetyl Chain: This segment is involved in the production of various chemicals based on the acetyl molecule. Acetyl intermediates are used as building blocks for numerous industrial applications, such as paints, coatings, adhesives, and solvents. Key products within this segment include acetic acid, vinyl acetate monomer (VAM), and other acetyl derivatives.