DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, announced it has been approved by the U.S. Department of Energy (DOE)’s Office of Fossil Energy and Carbon Management as a Utilization Procurement Grants (UPGrants) vendor. Celanese is now the only producer offering low-carbon acetic acid under the ECO-CC product name, which positions the company to help municipalities meet the growing demand for more sustainable and circular solutions. As the U.S ...

Value investing stands as a beacon of wisdom in the realm of finance, offering a steadfast strategy for investors seeking undervalued assets in a sea of market fluctuations. The philosophy underlying this approach is simple: identify assets trading below their intrinsic worth and acquire them at a bargain. This philosophy rests on the belief that market valuations frequently deviate from fundamental realities, presenting opportunities for discerning investors to profit from these dislocations over time.One ...

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today declared a quarterly cash dividend of $0.70 per share on its common stock, payable March 5, 2024. The dividend is payable to stockholders of record as of February 20, 2024. About Celanese Celanese Corporation is a global chemical leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Our businesses use t ...

The basic materials sector features companies that discover, develop, and process raw materials. These are frequently companies that deal in commodities that are cyclical and can be more volatile than the broader market. Because commodities are subject to the law of supply and demand there are always several basic materials stocks to sell or buy.  Basic materials stocks can be good long-term investments if a company’s dividend is outpacing inflation. Otherwise, this is a sector that’s usually filled with sh ...

Celanese Corporation (CE) and Under Armour, Inc. (UAA) have collaborated to develop NEOLAST, a revolutionary fiber set to redefine the landscape of performance stretch fabrics. This innovative material not only promises enhanced stretch performance but also addresses crucial sustainability challenges in the apparel industry, marking a significant step toward circular manufacturing.NEOLAST fibers are poised to be a game-changer, offering the sought-after qualities of elite performance fabrics, including powe ...

DALLAS & BALTIMORE--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, and Under Armour, Inc. (NYSE: UA, UAA), a global leader and innovator in athletic apparel and footwear, have collaborated to develop a new fiber for performance stretch fabrics called NEOLAST™. The innovative material will offer the apparel industry a high-performing alternative to elastane – an elastic fiber that gives apparel stretch, commonly called spandex. This new alternative could ...

Celanese Corporation’s (CE) shares have popped 21.2% over the past three months. The company has also outperformed its industry’s rise of 13% over the same time frame. It has also topped the S&P 500’s 10.5% rise over the same period.Let’s dive into the factors behind this leading chemical and specialty materials maker’s stock price appreciation. Image Source: Zacks Investment Research CE Gains on Acquisitions & ProductivityCelanese, a Zacks Rank #3 (Hold) stock, is benefiting from its productivity measures, ...

Celanese Corporation (CE) is benefiting from its productivity measures, investments in organic projects and strategic acquisitions amid headwinds from demand softness and customer de-stocking in certain end markets.Shares of this leading chemical and specialty materials maker are up 22.7% over a year compared with a 17.2% rise of its industry. Image Source: Zacks Investment ResearchCelanese, a Zacks Rank #3 (Hold) stock, is gaining from its cost and productivity actions, investments in high-return organic p ...

Celanese Corporation (CE) stated that, as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd., it has started operating a carbon capture and utilization (CCU) project at Clear Lake, TX. An estimated 130,000 metric tons of low-carbon methanol will be produced annually by the project, together with the capture of 180,000 metric tons of CO2 industrial emissions.Celanese is actively utilizing CCU to provide low-carbon alternatives for its Acetyl Chain and Engineered Materials products in an effor ...

DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, announced it has begun running a carbon capture and utilization (CCU) project at its Clear Lake, Texas, site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The project is expected to capture 180,000 metric tons of CO2 industrial emissions and produce 130,000 metric tons of low-carbon methanol per year. Celanese is actively leveraging CCU to offer low-carbon options across it ...