---
schema_version: "secwatch.filing_event.v1"
accession: "0001306830-23-000082"
form_type: "8-K"
ticker: "CE"
cik: "0001306830"
company_name: "Celanese Corp"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:26:33.880743+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Celanese Q1 adj EPS $2.01, sales $2.9B; Q2 guidance adj EPS ~$2.50

## Summary
- GAAP diluted EPS $0.86, adjusted EPS $2.01; net sales $2.9B (+22% sequential).
- Engineered Materials sales $1.63B (+32% seq), Acetyl Chain $1.25B (+10% seq).
- Operating cash flow $(96)M, free cash flow $(261)M on working capital build; expects Q2 improvement.
- Term sheet for Food Ingredients JV with Mitsui: Mitsui to take 70% stake; cash proceeds to pay down debt.
- Completed mechanical construction of 1.3M ton acetic acid unit at Clear Lake; startup in Q3 2023.

## SEC filing metadata
- accession: 0001306830-23-000082
- form_type: 8-K
- ticker: CE
- cik: 0001306830
- company_name: Celanese Corp
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1306830/000130683023000082/0001306830-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1306830/000130683023000082/ce-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001306830-23-000082
- JSON: https://secwatch.observer/filing/0001306830-23-000082.json
- Plain text: https://secwatch.observer/filing/0001306830-23-000082.txt

## Key facts
- Earnings Releases
  Celanese Corp reported first quarter 2023 results: revenue $2.9 billion, EPS $0.86.
  - Period: first quarter 2023
  - Revenue: $2.9 billion
  - EPS: $0.86
  - Result: reported results
  source text: materials company, today reported first quarter 2023 GAAP diluted earnings per share of $0.86 and adjusted earnings per share of $2.01. The Company generated net sales of $2.9 billion in the quarter, an increase of 22 percent over the prior quarter. Net sales reflected a sequential volume increase of 19 percent over the prior quarter that was partially offset
  evidence_url: https://www.sec.gov/Archives/edgar/data/1306830/000130683023000082/0001306830-23-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.