Celanese

TMYTEK and Celanese Showcase Innovative Ultra-Low SWaP ESA Solution with Antenna-on-Chip (AoC) at Satellite 2023

Retrieved on: 
Tuesday, March 14, 2023
SIA, ESA, Communication, Alexandria Ocasio-Cortez, DuPont, TMY, CAPEX, LTCC, OPEX, High-pass filter, TCO, Taiwan Space Agency, Public expenditure, Growth, OTA, EIRP, Satellite, Invention, RF, Partnership, Swap, Global strategy, AIP, SATCOM, Communications satellite, Renewable energy, Celanese

In 2021, the satellite industry's output was about $282.8 billion, accounting for 73.26% of the entire space industry.

Key Points: 
  • In 2021, the satellite industry's output was about $282.8 billion, accounting for 73.26% of the entire space industry.
  • It is estimated that by 2023, the global satellite industry's output value can reach $308.3 billion and will increase to $370.6 billion by 2030.
  • TMYTEK has established itself as a pioneer in millimeter-wave solutions for 5G/B5G and satellite communication applications.
  • "We are excited to showcase our innovative ESA solution at Satellite 2023 with Celanese," said Su-Wei Chang, Founder and President of TMYTEK.

Recycled Materials for Mobility Applications Market worth $3.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 8, 2023
Carbon, General Motors, Original equipment manufacturer, Celanese, Ford, Continental AG, Polymer, Plastic, SGL Carbon, Continental, Chrysler, Recycling, Thermoplastic, EU, Nissan, Neste

Recycled materials are increasingly conforming to the standards of the automotive industry and have been in this industry for more than a decade.

Key Points: 
  • Recycled materials are increasingly conforming to the standards of the automotive industry and have been in this industry for more than a decade.
  • Recycled polymers are used in many applications, such as automotive fabrics, splash guards, radiator shrouds, and dashboards.
  • Recent advancements in recycled materials and recycling technology have resulted in a rapid increase in the use of recycled polymer materials.
  • The recycled materials for mobility applications market in Europe has been growing in recent years due to increasing concerns about sustainability and circular economy.

Recycled Materials for Mobility Applications Market worth $3.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 8, 2023
Carbon, General Motors, Original equipment manufacturer, Celanese, Ford, Continental AG, Polymer, Plastic, SGL Carbon, Continental, Chrysler, Recycling, Thermoplastic, EU, Nissan, Neste

Recycled materials are increasingly conforming to the standards of the automotive industry and have been in this industry for more than a decade.

Key Points: 
  • Recycled materials are increasingly conforming to the standards of the automotive industry and have been in this industry for more than a decade.
  • Recycled polymers are used in many applications, such as automotive fabrics, splash guards, radiator shrouds, and dashboards.
  • Recent advancements in recycled materials and recycling technology have resulted in a rapid increase in the use of recycled polymer materials.
  • The recycled materials for mobility applications market in Europe has been growing in recent years due to increasing concerns about sustainability and circular economy.

Celanese Announces Collaboration with Alessa Therapeutics for the Advancement of Oncology Treatments

Retrieved on: 
Wednesday, March 1, 2023
Research, Chemicals, Plastics, Clinical Trials, Manufacturing, Health, Pharmaceutical, Other Science, Science, Oncology, Corporation, NYSE, Therapy, CE, Patient, Alessa, Pharmaceutical industry, Celanese

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, and Alessa Therapeutics announced their collaboration for developing a new oncology drug product leveraging Alessa’s expertise on sustained localized drug delivery and the Celanese VitalDose® EVA drug delivery platform.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, and Alessa Therapeutics announced their collaboration for developing a new oncology drug product leveraging Alessa’s expertise on sustained localized drug delivery and the Celanese VitalDose® EVA drug delivery platform.
  • The collaboration will focus on developing a localized and sustained-release drug delivery system for oncology patients that will limit systemic side effects and improve overall treatment.
  • “The commercial flexibility, responsiveness and technical support provided by Celanese has enabled the rapid progression of our drug candidate,” says Maithili Rairkar, Vice President of Technical Operations at Alessa Therapeutics.
  • “We look forward to progressing this innovative local drug delivery approach beginning with human studies later this year.”
    “Our new collaboration with Alessa Therapeutics underscores our commitment to optimize therapeutics through drug delivery innovation for oncology patients,” said Karen Chen, Global Business Strategy Leader for Oncology at Celanese.

Celanese Announces Hytrel® Price Increases

Retrieved on: 
Tuesday, February 28, 2023
Chemicals, Plastics, Other Manufacturing, Manufacturing, Corporation, NYSE, Celanese, TPC, CE, Rare-earth element

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, announced price increases for Hytrel® TPC resins by 0.45 EUR/kg in the EMEA region and by 0.5 USD/kg in Asia Pacific and the Americas.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, announced price increases for Hytrel® TPC resins by 0.45 EUR/kg in the EMEA region and by 0.5 USD/kg in Asia Pacific and the Americas.
  • These price increases will be effective on March 15, 2023, or as contracts otherwise allow.
  • Additionally, individual grades may be subject to higher increases than specified herein.

Celanese and Mitsui & Co., Ltd. to Form Food Ingredients Joint Venture; Extend Existing Fairway Methanol LLC Joint Venture

Retrieved on: 
Thursday, February 23, 2023
Food Tech, Retail, Chemicals, Plastics, Technology, Manufacturing, Food, Beverage, Methanol, Carbon dioxide, Corporation, NYSE, JV, Partnership, BofA Securities, Shearman, Potassium, Sorbic acid, CO2, Shearman & Sterling, Acetyl group, CE, Fine chemical, Celanese, Mitsui

Celanese announced today the signing of a term sheet to form a Food Ingredients JV with Mitsui, subject to customary approvals.

Key Points: 
  • Celanese announced today the signing of a term sheet to form a Food Ingredients JV with Mitsui, subject to customary approvals.
  • Through this transaction, Celanese will contribute its Food Ingredients business, inclusive of assets, technology, and employees, to form a standalone Food Ingredients JV.
  • Celanese Food Ingredients is a leading producer of acesulfame potassium (Ace-K) sweetener as well as sorbic acid and potassium sorbate preservatives.
  • Celanese and Mitsui have also agreed on a long-term extension of their existing Fairway Methanol LLC JV which produces methanol at Celanese’s Clear Lake facility.

Celanese Corporation Reports Full Year 2022 and Fourth Quarter Earnings

Retrieved on: 
Thursday, February 23, 2023
Chemicals, Plastics, Other Manufacturing, Manufacturing, Storm, Santoprene, December 2022 North American winter storm, Acetyl group, Ratio, VAM, JV, GAAP, Acquisition, Science and technology in Asia, EBIT, Capital, Mitsui, Acetic acid, Book, M&M, Electronics, Mobility, Capital expenditure, Acetate, EVA, Pharmaceutical industry, Security (finance), Celanese

Additionally, the Acetyl Chain intentionally idled all five of its major production units in China at different points in the fourth quarter.

Key Points: 
  • Additionally, the Acetyl Chain intentionally idled all five of its major production units in China at different points in the fourth quarter.
  • The Acetyl Chain delivered fourth quarter net sales of $1.1 billion due to sequential pricing and volume declines of 10 percent and 9 percent, respectively.
  • Engineered Materials reported fourth quarter GAAP operating profit of $25 million and adjusted EBIT of $138 million which included affiliate earnings of $31 million.
  • Based in Dallas, Celanese employs approximately 13,300 employees worldwide and had 2022 net sales of $9.7 billion.

Celanese Completes EVA Capacity Expansion at Acetyl Chain Facility in Edmonton

Retrieved on: 
Monday, February 20, 2023
Alternative Energy, Chemicals, Plastics, Energy, Manufacturing, CE, Wind, NYSE, EBITDA, Food packaging, Polymer, Acetyl group, EVA, Growth, Corporation, Name, Renewable energy, Paraffin wax, Celanese

The expansion supports significant growth in the Acetyl Chain’s downstream vinyls portfolio.

Key Points: 
  • The expansion supports significant growth in the Acetyl Chain’s downstream vinyls portfolio.
  • “Demand for EVA in solar applications is anticipated to grow at a double-digit compounded annual rate through 2028, making the EVA industry one of the fastest growing products in our Acetyl Chain portfolio.”
    The expansion provides approximately 35 percent incremental EVA capacity starting in the first quarter of 2023.
  • Celanese EVA products are sold under the product names including Ateva® EVA and Ateva G Medical Grade®.
  • “We continue to strengthen Celanese as an industry leader in the acetyls and derivatives space,” said Mark Murray, senior vice president, Acetyl Chain.

Celanese Announces a Research Agreement with Johns Hopkins University to Advance Sustained Ocular Drug Delivery to the Suprachoroidal Space

Retrieved on: 
Wednesday, February 15, 2023
Research, Managed Care, General Health, Pharmaceutical, Optical, Hospitals, Science, Chemicals, Plastics, Biotechnology, Manufacturing, Other Science, Health, CE, Therapy, NYSE, Eye, Retina, Peptide, RNA interference, Corporation, Rare, Pharmaceutical industry, Medical device, Hook effect, Celanese, Ophthalmology

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced an agreement with Johns Hopkins University Department of Ophthalmology to collaborate on a study of sustained drug delivery to the suprachoroidal space in the eye.

Key Points: 
  • Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced an agreement with Johns Hopkins University Department of Ophthalmology to collaborate on a study of sustained drug delivery to the suprachoroidal space in the eye.
  • Direct administration of therapeutics to the suprachoroidal space is growing more common as an approach for the treatment of retinal disorders.
  • Since opening in 2021, the lab has provided customized support to accelerate customers’ long-acting drug delivery development programs.
  • The VitalDose® Drug Delivery Platform provides reliable, controlled-release performance and has a long history of use in approved parenteral drug products in the United States and Europe.

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

Retrieved on: 
Wednesday, February 8, 2023
Chemicals, Plastics, Manufacturing, Celanese, Corporation, NYSE, CE, Holding company

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today declared a quarterly cash dividend of $0.70 per share on its common stock, payable March 7, 2023.

Key Points: 

Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today declared a quarterly cash dividend of $0.70 per share on its common stock, payable March 7, 2023.
The dividend is payable to stockholders of record as of February 21, 2023.