Celanese's asset
Celanese

@celanese.com

Celanese is a global technology and specialty materials company that engineers and manufactures a wide variety of products.

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Celanese Corporation is a multinational chemical company based in the United States. It was founded in 1918 and is headquartered in Irving, Texas. Originally an affiliate of the German chemical company Hoechst AG, it started as the American Cellulose Corporation, which produced cellulose acetate, a key raw material for the emerging plastics and fibers industry at that time.


Over the years, the company expanded its product portfolio and diversified into a range of chemical and specialty materials. Celanese operates globally, with a strong presence in North America, Europe, and Asia. The company's primary businesses include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates.


These divisions collectively offer a wide array of products and services to various industries including automotive, consumer goods, electronics, industrial applications, and more. Some of Celanese's notable products include engineered materials for lightweighting and technical applications, emulsions and polymers for paints and coatings, and acetyl products used in pharmaceuticals, textiles, and adhesives. In terms of subsidiaries and partnerships, Celanese has a number of noteworthy ventures.


It collaborates with other industry leaders to develop innovative solutions and technologies. The company also has several subsidiaries, including Ticona, Celanese Emulsion Polymers, and Celanese Korea. These subsidiaries serve as key extensions of Celanese's operations in specific regions.


In terms of market position, Celanese is recognized as a leading global chemical company with a strong customer base and global sales. It competes with other major chemical companies such as BASF, Dow, and DuPont. Celanese has a strategic focus on delivering value-added solutions to its customers and is continuously investing in research and development to maintain its competitive edge.


Celanese has achieved various milestones throughout its history. In recent years, the company has focused on sustainable practices and has received recognition for its environmental initiatives. It has also introduced new products such as lightweight materials for the automotive industry, which have contributed to its growth and market standing.


As of the latest information available, Celanese remains an influential player in the chemical industry. The company continues to expand its global footprint and invest in new technologies. It remains committed to innovation and sustainability while positioning itself as a reliable partner for its customers worldwide

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Company Type

Public Company

Company Size

5001-10,000

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