Celanese

Timothy Go Elected to Celanese Board of Directors

Retrieved on: 
Wednesday, February 28, 2024

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Timothy Go has been elected to the company’s Board of Directors.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Timothy Go has been elected to the company’s Board of Directors.
  • Mr. Go, 57, is President, Chief Executive Officer, and a member of the Board of Directors of HF Sinclair Corporation.
  • He will begin his Board service effective immediately, bringing the total number of Board members to twelve (eleven of which are independent).
  • “We are delighted to have Tim join the Celanese Board, where his leadership experience in the energy and specialty chemical industries will enable him to bring an immensely valuable perspective,” said Lori Ryerkerk, Chair, Chief Executive Officer and President, Celanese Corporation.

Conducting Polymer Market Demand Worth US$ 17.2 Billion by 2034 Amid Expanding Applications in the Electronics and Medical Sectors | Future Market Insights, Inc

Retrieved on: 
Monday, February 12, 2024

NEWARK, Del., Feb. 12, 2024 /PRNewswire/ -- The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024. Global sales of conducting polymers will likely soar at a healthy compound annual growth rate (CAGR) of 9.4% during the forecast period, totaling US$ 17.2 billion by 2034.

Key Points: 
  • The escalating demand within the electronics industry is a significant driver for the global conductive polymers market.
  • NEWARK, Del., Feb. 12, 2024 /PRNewswire/ -- The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024.
  • Polycarbonates remain highly sought-after conducting polymer types in the market owing to their exceptional properties, such as lightweight, transparency, flexibility, and durability.
  • These include:
    Rising government support for the development of advanced materials, including conducting polymers
    A prominent factor expected to drive demand for conducting polymers is their widening applications in the electronics and medical sectors.

Conducting Polymer Market Demand Worth US$ 17.2 Billion by 2034 Amid Expanding Applications in the Electronics and Medical Sectors | Future Market Insights, Inc

Retrieved on: 
Monday, February 12, 2024

NEWARK, Del., Feb. 12, 2024 /PRNewswire/ -- The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024. Global sales of conducting polymers will likely soar at a healthy compound annual growth rate (CAGR) of 9.4% during the forecast period, totaling US$ 17.2 billion by 2034.

Key Points: 
  • The escalating demand within the electronics industry is a significant driver for the global conductive polymers market.
  • NEWARK, Del., Feb. 12, 2024 /PRNewswire/ -- The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024.
  • Polycarbonates remain highly sought-after conducting polymer types in the market owing to their exceptional properties, such as lightweight, transparency, flexibility, and durability.
  • These include:
    Rising government support for the development of advanced materials, including conducting polymers
    A prominent factor expected to drive demand for conducting polymers is their widening applications in the electronics and medical sectors.

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

Retrieved on: 
Wednesday, February 7, 2024

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.

Key Points: 

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.

Global Automotive Carbon Thermoplastic (PA, PEEK, PPS, PC, PP) Industry Report 2023-2028: Opportunities Emerging with OEMs Looking for Complete Solution from Suppliers - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 24, 2024

CF/PA also is being deployed in exterior and interior automotive parts.

Key Points: 
  • CF/PA also is being deployed in exterior and interior automotive parts.
  • These include door modules, body-in white components, steering wheel components, seat structures, exterior mirrors, front-end grilles, and trim.
  • Asia-Pacific is projected to dominate the automotive carbon thermoplastic market, particularly with regard to electric vehicle production.
  • The ecosystems of these adjacent industries are more likely to act in favor of the growth of the automotive carbon thermoplastic market.

Celanese and Under Armour Develop Innovative New NEOLAST™ Fiber for Use in Performance Stretch Fabrics

Retrieved on: 
Monday, January 22, 2024

The innovative material will offer the apparel industry a high-performing alternative to elastane – an elastic fiber that gives apparel stretch, commonly called spandex.

Key Points: 
  • 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 unlock the potential for end users to recycle performance stretch fabrics, a legacy aspect that has yet to be solved in the pursuit of circular manufacturing with respect to stretch fabrics.
  • The fibers are produced using a proprietary solvent-free melt-extrusion process, eliminating potentially hazardous chemicals typically used to create stretch fabrics made with elastane.
  • In addition to Celanese exploring application opportunities with Under Armour, the company intends to make the fiber available to the broader apparel industry, potentially reducing elastane dependence.

Celanese to Hold Fourth Quarter Earnings Conference Call on February 21, 2024

Retrieved on: 
Thursday, January 11, 2024

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its fourth quarter 2023 results on Wednesday, February 21, 2024, beginning at 10:00 a.m.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it will host a conference call to discuss its fourth quarter 2023 results on Wednesday, February 21, 2024, beginning at 10:00 a.m.
  • The company will distribute its fourth quarter earnings press release via newswire after the New York Stock Exchange closes on Tuesday, February 20, 2024.
  • The earnings press release and prepared remarks will also be available at https://investors.celanese.com after market close on Tuesday, February 20, 2024.
  • A replay of the conference call will be available on demand on February 21, 2024, from 12:00 p.m.

Thermally Conductive Polymers Market to Surpass US$ 366.4 Million by 2030 - Coherent Market Insights

Retrieved on: 
Tuesday, November 14, 2023

BURLINGAME, Calif., Nov. 14, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global Thermally Conductive Polymers Market size was valued at US$ 136.9 Million in 2022 and is expected to surpass US$ 366.4 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 13.1% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 14, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global Thermally Conductive Polymers Market size was valued at US$ 136.9 Million in 2022 and is expected to surpass US$ 366.4 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 13.1% from 2023 to 2030.
  • Furthermore, development of hybrid electric vehicles (HEV) and electric vehicles (EV) is augmenting demand for thermally conductive polymers from automotive industry, thereby propelling market growth.
  • Key Trends and Analysis of the Global Thermally Conductive Polymers Market:
    Adoption of EVs is a latest in the global thermally conductive polymers market.
  • Thermally conductive polymers have potential application in battery-powered vehicles due to their high energy density.

Thermally Conductive Polymers Market to Surpass US$ 366.4 Million by 2030 - Coherent Market Insights

Retrieved on: 
Tuesday, November 14, 2023

BURLINGAME, Calif., Nov. 14, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global Thermally Conductive Polymers Market size was valued at US$ 136.9 Million in 2022 and is expected to surpass US$ 366.4 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 13.1% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 14, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global Thermally Conductive Polymers Market size was valued at US$ 136.9 Million in 2022 and is expected to surpass US$ 366.4 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 13.1% from 2023 to 2030.
  • Furthermore, development of hybrid electric vehicles (HEV) and electric vehicles (EV) is augmenting demand for thermally conductive polymers from automotive industry, thereby propelling market growth.
  • Key Trends and Analysis of the Global Thermally Conductive Polymers Market:
    Adoption of EVs is a latest in the global thermally conductive polymers market.
  • Thermally conductive polymers have potential application in battery-powered vehicles due to their high energy density.

Celanese Corporation Reports Third Quarter 2023 Earnings

Retrieved on: 
Monday, November 6, 2023

The Acetyl Chain delivered third quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.

Key Points: 
  • The Acetyl Chain delivered third quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.
  • In a global demand environment that remains challenged, the Acetyl Chain has demonstrated the stability and resilience of its foundational earnings across each quarter of 2023.
  • Sequential increases in these earnings metrics was supported by increased earnings contributions from Mobility & Materials (M&M) driven by volume growth and incremental synergies.
  • The effective tax rate for 2023 adjusted earnings was revised to 9 percent based on the expected jurisdictional earnings mix for the full year and consideration of other non-recurring U.S. GAAP items.