Celanese

Unveiling Prismane Consulting's 'Global Polyacetals Market Report' Projecting a USD 6.2 Billion Market by 2032

Retrieved on: 
Wednesday, September 27, 2023

"We're excited to present the seventh edition of our 'Global Polyacetal Resins Market' report," said Rakesh Panigrahi, Principal Consultant at Prismane Consulting.

Key Points: 
  • "We're excited to present the seventh edition of our 'Global Polyacetal Resins Market' report," said Rakesh Panigrahi, Principal Consultant at Prismane Consulting.
  • "Our commitment to providing valuable insights into the Polyacetal Resins market is evident in this detailed Market Study report.
  • We have invested substantial effort in understanding the intricacies of this dynamic market landscape, drawing on our extensive experience within the engineering plastics sector.
  • The "Global Polyacetal Resins Market" report is now available for access on Prismane Consulting's official website at: https://prismaneconsulting.com/report-details/global-polyacetal-pom-mark...

Celanese Announces Agreement with the Population Council for Sustained Release Dual-API Therapeutic

Retrieved on: 
Tuesday, September 12, 2023

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that it has entered into an agreement with the Population Council to supply its VitalDose® Drug Delivery Platform for use in a new Multipurpose Prevention Technology (MPT) Intravaginal Ring (IVR).

Key Points: 
  • Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that it has entered into an agreement with the Population Council to supply its VitalDose® Drug Delivery Platform for use in a new Multipurpose Prevention Technology (MPT) Intravaginal Ring (IVR).
  • The IVR is being developed to provide both contraception and protection against HIV and is currently in a phase 1b clinical trial.
  • Long-acting continuous drug delivery dose forms, like IVRs, offer fewer barriers to reliable use than oral forms requiring daily doses.
  • Providing benefits for patients, like enhanced convenience, can lead to better outcomes and is the driver for developing patient-centric dose forms.

Top 20 Composites Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Monday, August 28, 2023

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • Ownes Corning is a diversified composites company and a leading supplier and providing composites materials.
  • Factors such as revenue, geographic presence, vendor's market share, and business strategies have been considered to evaluate the composites quadrant.
  • The top criteria for company evaluation were Fiber Type (Glass Fiber Composites, Carbon Fiber Composites and Natural Fiber Composites) Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process and End-User Industry.

Top 20 Composites Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Monday, August 28, 2023

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 28, 2023 /PRNewswire/ -- MarketsandMarkets has released 360 Quadrant for Top 20 Composites Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • Ownes Corning is a diversified composites company and a leading supplier and providing composites materials.
  • Factors such as revenue, geographic presence, vendor's market share, and business strategies have been considered to evaluate the composites quadrant.
  • The top criteria for company evaluation were Fiber Type (Glass Fiber Composites, Carbon Fiber Composites and Natural Fiber Composites) Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process and End-User Industry.

Celanese Corporation Executes Series of Transactions to Extend Debt Maturity Profile and Lower Net Borrowing Rate

Retrieved on: 
Monday, August 14, 2023

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced a series of recent transactions to extend its debt maturity profile and lower the total effective net borrowing rate to the Company.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced a series of recent transactions to extend its debt maturity profile and lower the total effective net borrowing rate to the Company.
  • “These transactions are consistent with our strategy to proactively and opportunistically manage upcoming debt maturities and optimize our borrowing costs.
  • Under our new debt maturity profile we believe we have maintained ample flexibility to aggressively pay down debt and to execute our deleveraging plan.
  • We plan to assess further opportunities to de-risk our debt and lower our borrowing costs, including ongoing work to effectively redomicile a portion of our U.S. term loans to lower rate China debt.”

Robomold® Technology Leverages The Full Capabilities of Hostaform® POM RF

Retrieved on: 
Monday, August 14, 2023

Celanese’s Hostaform® POM RF delivers unparalleled toughness and rigidity, temperature resistance, wear resistance, and low fuel permeation while Gemstar’s Robomold technology provides ideal precision repeatability necessary for highly-specialized custom parts.

Key Points: 
  • Celanese’s Hostaform® POM RF delivers unparalleled toughness and rigidity, temperature resistance, wear resistance, and low fuel permeation while Gemstar’s Robomold technology provides ideal precision repeatability necessary for highly-specialized custom parts.
  • This technology produces tighter tolerances, design flexibility, and high control that is unmatched in the industry.
  • The innovative solutions provided by Gemstar and Celanese’s partnership combine high-quality and EPA/CARB compliant products unmatched by its competition.
  • The precise process allows for optimization of material and reduction of processing time by up to 50% compared to industry average.

Celanese Announces Cash Tender Offer For Up To $1.75 Billion Aggregate Purchase Price Of Celanese US Holdings LLC’s Debt Securities

Retrieved on: 
Thursday, August 10, 2023

The terms and conditions of the Tender Offer are described in an Offer to Purchase dated August 10, 2023 (as it may be amended or supplemented, the “Offer to Purchase”).

Key Points: 
  • The terms and conditions of the Tender Offer are described in an Offer to Purchase dated August 10, 2023 (as it may be amended or supplemented, the “Offer to Purchase”).
  • Holders of Notes subject to the Tender Offer who validly tender their Notes after the Early Tender Deadline and before the Expiration Date and whose Notes are accepted for purchase will receive the applicable Late Tender Offer Consideration.
  • BofA Securities, Inc., J.P. Morgan Securities LLC and TD Securities (USA) LLC are the Lead Dealer Managers for the Tender Offer.
  • The Tender Offer is made only by the Offer to Purchase and the information in this news release is qualified by reference to the Offer to Purchase dated August 10, 2023.

Celanese Corporation Reports Second Quarter 2023 Earnings

Retrieved on: 
Monday, August 7, 2023

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

Key Points: 
  • The Acetyl Chain delivered second quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.
  • In support of free cash flow, the business reduced inventory by $207 million in the second quarter, which resulted in an unfavorable impact to earnings.
  • Celanese reported second quarter operating cash flow of $762 million and free cash flow of $611 million which included cash capital expenditures of $145 million.
  • We expect contributions from these actions will support strong 2023 cash generation and continued earnings growth across the second half."

Polymer Blends & Alloys Market worth $6.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 20, 2023

The polymer blends & alloys market has been studied in North America, Europe, Asia Pacific, and Rest of World.

Key Points: 
  • The polymer blends & alloys market has been studied in North America, Europe, Asia Pacific, and Rest of World.
  • The Europe polymer blends & alloys market is driven by the growing need for polymer blends & alloys in automotive, electrical and electronics, and other industries.
  • The European region is third largest markets for polymer blends & alloys globally, with Germany, UK, and France being the major contributors to the market growth.
  • Germany is the largest market for polymer blends & alloys in the Europe region, accounting for a significant market share.

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

Retrieved on: 
Wednesday, July 19, 2023

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 August 14, 2023.

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 August 14, 2023.
The dividend is payable to stockholders of record as of July 31, 2023.