Latest news with #CelaneseCorporation
Yahoo
3 days ago
- Business
- Yahoo
Celanese Corporation to Participate in Fireside Discussion at Deutsche Bank 16th Annual Global Industrials and Materials Conference
DALLAS, May 30, 2025--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that Scott Richardson, President and Chief Executive Officer, will participate in a fireside discussion at the Deutsche Bank Global Industrials and Materials Conference on Thursday, June 5, 2025, at 11:50 AM Eastern Time. A live webcast of the discussion and a replay of the webcast will be available at on the Events Calendar page. The replay is expected to be available until June 5, 2026. About Celanese Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation employs more than 11,000 employees worldwide with 2024 net sales of $10.3 billion. View source version on Contacts Investor Relations Bill CunninghamPhone: +1 302 772 Media - SchulerPhone: +1 972 443 4400media@ Media – EuropePetra CzuglerPhone: +49 69 45009 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
3 days ago
- Business
- Business Wire
Celanese Corporation to Participate in Fireside Discussion at Deutsche Bank 16 th Annual Global Industrials and Materials Conference
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that Scott Richardson, President and Chief Executive Officer, will participate in a fireside discussion at the Deutsche Bank Global Industrials and Materials Conference on Thursday, June 5, 2025, at 11:50 AM Eastern Time. A live webcast of the discussion and a replay of the webcast will be available at on the Events Calendar page. The replay is expected to be available until June 5, 2026. About Celanese Celanese Corporation is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation employs more than 11,000 employees worldwide with 2024 net sales of $10.3 billion.
Yahoo
21-05-2025
- Business
- Yahoo
BMO Capital Upgrades Celanese (CE) Stock, Cites Contributing Factors
On May 20, BMO Capital Markets changed its stance on Celanese Corporation (NYSE:CE)'s stock, upgrading it from an "Underperform" to a "Market Perform" rating and lifting the price target to $55 from $46. The upgrade by the research firm is backed by the shift in risk-reward balance. As per the analysts, while there are macroeconomic and end-market uncertainties, along with its significant debt levels, such challenges have been diminished. The reassessment stems from an easing of tariff wars and the expectation of Celanese Corporation (NYSE:CE)'s balance sheet seeking support from near-term asset sales. An interior view of a modern biotechnology laboratory, with a team of researchers in white lab coats. BMO Capital mentioned that Celanese Corporation (NYSE:CE), which is a chemical and specialty materials company, continues to implement stricter cost control measures. The company has increased cost reduction targets to ~$120 million, which it expects to achieve in 2025. Previously, it announced $80 million in cost reductions, mainly in SG&A productivity. Additionally, Celanese Corporation (NYSE:CE) has identified $40 million in additional cost savings opportunities. These have been evenly split between the Engineered Materials business and the Acetyl Chain business. The company continues to drive self-help measures in support of the strategic priorities, including increased cash to deleverage the balance sheet, intensifying cost improvements, and fueling top-line growth with the help of differentiated business models. While we acknowledge the potential of CE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
BMO Capital Upgrades Celanese (CE) Stock, Cites Contributing Factors
On May 20, BMO Capital Markets changed its stance on Celanese Corporation (NYSE:CE)'s stock, upgrading it from an "Underperform" to a "Market Perform" rating and lifting the price target to $55 from $46. The upgrade by the research firm is backed by the shift in risk-reward balance. As per the analysts, while there are macroeconomic and end-market uncertainties, along with its significant debt levels, such challenges have been diminished. The reassessment stems from an easing of tariff wars and the expectation of Celanese Corporation (NYSE:CE)'s balance sheet seeking support from near-term asset sales. An interior view of a modern biotechnology laboratory, with a team of researchers in white lab coats. BMO Capital mentioned that Celanese Corporation (NYSE:CE), which is a chemical and specialty materials company, continues to implement stricter cost control measures. The company has increased cost reduction targets to ~$120 million, which it expects to achieve in 2025. Previously, it announced $80 million in cost reductions, mainly in SG&A productivity. Additionally, Celanese Corporation (NYSE:CE) has identified $40 million in additional cost savings opportunities. These have been evenly split between the Engineered Materials business and the Acetyl Chain business. The company continues to drive self-help measures in support of the strategic priorities, including increased cash to deleverage the balance sheet, intensifying cost improvements, and fueling top-line growth with the help of differentiated business models. While we acknowledge the potential of CE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Sign in to access your portfolio
Yahoo
30-04-2025
- Automotive
- Yahoo
Li Auto (NasdaqGS:LI) Partners With Celanese To Enhance In-Cabin Air Quality
Li Auto achieved a 4% gain over the last quarter, coinciding with significant strategic initiatives, including a joint venture with Celanese Corporation to launch Hostaform® POM XAP® 3, an ultra-low emission material designed to enhance in-cabin air quality. During this period, the company reported increased vehicle deliveries, improving 27% in March, although earnings showed a dip with net income and EPS declining compared to the previous year. Amid market fluctuations, including declines in major indices and economic contraction concerns, these developments added a positive weight to Li Auto's share price, aligning with trends of robust quarterly performances seen across various sectors. We've identified 1 possible red flag with Li Auto and understanding the impact should be part of your investment process. Uncover 13 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. The recent initiatives by Li Auto, including its joint venture with Celanese Corporation to introduce Hostaform POM XAP 3, are poised to influence the company's revenue and earnings forecasts. The enhanced in-cabin air quality offered by this ultra-low emission material could see Li Auto differentiate its offerings, potentially attracting more consumers and boosting sales. However, while the company's commitment to innovation is clear, the dip in net income and EPS highlights the challenges faced in terms of profitability, particularly amidst increasing investments in autonomous driving and AI. Over the past three years, Li Auto's total shareholder return, inclusive of share price changes and dividends, was 5.41%. This longer-term performance provides context to the company's current trajectory, heavily influenced by its technological and strategic upgrades. In the last year, when comparing with the US Auto industry's average return of 45.7%, Li Auto underperformed, reflecting significant competitive and market pressures despite its technological advances. Despite a current share price of US$23.78, the consensus analyst price target is US$33.58, representing a potential increase of 29.1%. This target considers anticipated revenue growth and improved profit margins, should the company's strategic initiatives bear fruit. Investors will need to closely watch whether these efforts can translate into sustainable financial growth to bridge the current gap between the price and the forecasted target. Assess Li Auto's previous results with our detailed historical performance reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:LI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
