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Celanese Corp (CE.N)

CE.N on New York Stock Exchange

104.19USD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Celanese Corp Reports Q1 2019 Results; Reaffirms FY2019 Outlook
Monday, 22 Apr 2019 

April 22 (Reuters) - Celanese Corp ::ORATION REPORTS FIRST QUARTER 2019 EARNINGS; REAFFIRMS 2019 FULL YEAR AND LONG-TERM OUTLOOK.Q1 ADJUSTED EARNINGS PER SHARE $2.62.Q1 GAAP EARNINGS PER SHARE $2.64.Q1 EARNINGS PER SHARE ESTIMATE $2.40 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE ABOUT $10.50.QTRLY NET SALES $1,687 MILLION VERSUS $1,851 MILLION.Q1 REVENUE VIEW $1.76 BILLION -- REFINITIV IBES DATA.SAYS "LOOKING FORWARD, WE ARE NOT FORECASTING A SIGNIFICANT IMPROVEMENT IN DEMAND IN THE CURRENT QUARTER".FY2019 EARNINGS PER SHARE VIEW $10.34 -- REFINITIV IBES DATA.SAYS EXPECT Q2 PERFORMANCE SIMILAR TO Q1.  Full Article

Celanese Expands Methanol Production At Clear Lake Facility
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Celanese Corp ::CELANESE EXPANDS METHANOL PRODUCTION AT CLEAR LAKE FACILITY.CELANESE CORP - EXPANSION WILL INCREASE PRODUCTION TO 1.7 MILLION METRIC TONS PER YEAR.CELANESE CORP - CO, MITSUI WILL EVALUATE ADDITIONAL COST EFFECTIVE EXPANSION OPTIONS FOR CLEAR LAKE METHANOL UNIT.  Full Article

Celanese Corp Q4 Adjusted Earnings Per Share $2.38
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Celanese Corp ::ORATION REPORTS FULL YEAR 2018 AND FOURTH QUARTER EARNINGS; REAFFIRMS LONG-TERM GROWTH OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $2.38.Q4 GAAP EARNINGS PER SHARE $0.73.Q4 EARNINGS PER SHARE ESTIMATE $2.40 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE ABOUT $10.50.QTRLY NET SALES $1,689 MILLION VERSUS $1,593 MILLION.Q4 REVENUE VIEW $1.72 BILLION -- REFINITIV IBES DATA."WOULD ANTICIPATE 2019 ADJUSTED EARNINGS OF APPROXIMATELY $10.50 PER SHARE".FY2019 EARNINGS PER SHARE VIEW $10.96 -- REFINITIV IBES DATA.REAFFIRMING PLAN TO EARN $12 PER SHARE IN 2020.BELIEVE ECONOMIC WEAKNESS SURFACING LAST QUARTER PRIMARILY IN EUROPE AND ASIA WILL CONTINUE THROUGH Q1 AND INTO Q2.  Full Article

Celanese Corp Reports Q3 2018 Earnings Increases
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Celanese Corp ::ORATION REPORTS THIRD QUARTER 2018 EARNINGS; INCREASES 2018 FULL YEAR AND LONG-TERM OUTLOOK.Q3 ADJUSTED EARNINGS PER SHARE $2.96.Q3 GAAP EARNINGS PER SHARE $3.00.Q3 EARNINGS PER SHARE VIEW $2.74 -- THOMSON REUTERS I/B/E/S.RAISES FY 2018 ADJUSTED EARNINGS PER SHARE VIEW TO ABOUT $10.90 TO $11.10.NET SALES IN THE QUARTER EXPANDED 13 PERCENT YEAR OVER YEAR TO $1.8 BILLION.INCREASING EXPECTATIONS FOR 2018 ADJUSTED EARNINGS TO ABOUT $10.90-$11.10 PER SHARE.Q3 REVENUE VIEW $1.80 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $10.76 -- THOMSON REUTERS I/B/E/S.  Full Article

Celanese To Expand Polyacetal Production At Frankfurt Facility
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Celanese Corp ::CELANESE TO EXPAND POLYACETAL PRODUCTION AT FRANKFURT FACILITY.CELANESE - ANNOUNCED CAPITAL EFFICIENT DEBOTTLENECKING PROJECT OF ITS POLYOXYMETHYLENE PRODUCTION UNIT AT INDUSTRIEPARK HÖCHST FACILITY IN FRANKFURT.CELANESE CORP - CELANESE EXPECTS TO EXPAND PRODUCTION CAPACITY OF ITS IPH UNIT BY 20 KILOTONNES.CELANESE CORP - FINANCIAL DETAILS OF PROJECT ARE NOT BEING DISCLOSED AT THIS TIME.  Full Article

Celanese Corp Says Plans To Repurchase About $1 Bln Worth Of Shares Over 3-Year Period Through 2020
Thursday, 19 Jul 2018 

July 19 (Reuters) - Celanese Corp ::CELANESE CORP SAYS PLANS TO REPURCHASE ABOUT $1 BILLION WORTH OF SHARES OVER 3-YEAR PERIOD THROUGH 2020.CELANESE CORP SAYS SEES 2018 NET CAPITAL EXPENDITURES OF $325 MILLION - $350 MILLION - PRESENTATION SLIDES.CELANESE CORP SAYS ON PACE TO EXCEED 2016-2018 FREE CASH FLOW TARGET OF $2.5 BILLION - PRESENTATION SLIDES.  Full Article

Celanese To Sell Ethanol Production Unit
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Celanese Corp ::PRESS RELEASE - CELANESE TO SELL ETHANOL PRODUCTION UNIT AND FORM TCX® TECHNOLOGY JOINT VENTURE WITH CHENGZHI CO., LTD..CELANESE CORP - FINANCIAL TERMS AND CONDITIONS ARE NOT BEING DISCLOSED AT THIS TIME..  Full Article

Chengzhi Shareholding Signs Letter Of Intent With Celanese To Buy Its Nanjing Unit
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Chengzhi Shareholding Co Ltd <000990.SZ>::SAYS IT SIGNS LETTER OF INTENT WITH CELANESE CORP <<>> TO BUY ITS NANJING UNIT WHICH MAINLY PRODUCES ETHANOL.  Full Article

Celanese Corporation Declares Quarterly Dividend Of $0.54 Per Share
Monday, 16 Jul 2018 

July 16 (Reuters) - Celanese Corp ::CELANESE CORPORATION DECLARES QUARTERLY DIVIDEND OF $0.54 PER SHARE.  Full Article

Celanese Says Board Voted To Propose Stockholder Approval Amendment To Certificate Of Incorporation To Eliminate Authorization Of Series B Common Stock
Monday, 25 Jun 2018 

June 25 (Reuters) - Celanese Corp ::CELANESE - BOARD VOTED TO PROPOSE STOCKHOLDER APPROVAL AMENDMENT TO CERTIFICATE OF INCORPORATION TO ELIMINATE AUTHORIZATION OF SERIES B COMMON STOCK.CELANESE - BOARD VOTED TO PROPOSE STOCKHOLDER APPROVAL AMENDMENT TO CERTIFICATE OF INCORPORATION TO RENAME SERIES A COMMON STOCK AS “COMMON STOCK.”.  Full Article