Celanese Corp updated its first quarter 2026 guidance (raised).
“Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported first quarter 2026 U.S. GAAP diluted earnings per share of $0.41 and adjusted earnings per share of $0.85. Net sales of $2.3 billion increased 6 percent sequentially, reflecting a 5 percent increase in volume, a small currency benefit and stable pricing.”
Material Agreements
Celanese Corp entered into Seventeenth Supplemental Indenture with Computershare Trust Company, N.A., U.S. Bank Trust Company, National Association valued at $600,000,000 7.000% Senior Notes due 2031 and $800,000,000 7.375% Senior Notes due 2034 (effective 2025-12-17).
“On December 17, 2025, Celanese US Holdings LLC ("Celanese US" or the "Issuer"), a wholly owned subsidiary of Celanese Corporation (the "Company"), completed its registered offering of $600,000,000 aggregate principal amount of its 7.000% Senior Notes due 2031 (the "2031 Notes") and $800,000,000 aggregate principal amount of its 7.375% Senior Notes due 2034 (the "2034 Notes" and together with the 2031 Notes, the "Notes").”
Debt Financings
Celanese Corp incurred senior notes of $800,000,000 aggregate principal amount with Computershare Trust Company, N.A. (as successor trustee to Wells Fargo Bank, National Association), as trustee at 7.375% maturing 2034.
“On December 17, 2025, Celanese US Holdings LLC ("Celanese US" or the "Issuer"), a wholly owned subsidiary of Celanese Corporation (the "Company"), completed its registered offering of $600,000,000 aggregate principal amount of its 7.000% Senior Notes due 2031 (the "2031 Notes") and $800,000,000 aggregate principal amount of its 7.375% Senior Notes due 2034 (the "2034 Notes"”
Debt Financings
Celanese Corp incurred senior notes of $600,000,000 aggregate principal amount with Computershare Trust Company, N.A. (as successor trustee to Wells Fargo Bank, National Association), as trustee at 7.000% maturing 2031.
“On December 17, 2025, Celanese US Holdings LLC ("Celanese US" or the "Issuer"), a wholly owned subsidiary of Celanese Corporation (the "Company"), completed its registered offering of $600,000,000 aggregate principal amount of its 7.000% Senior Notes due 2031”
Material Agreements
Celanese Corp entered into Underwriting Agreement with BofA Securities, Inc., as representative of the other several underwriters named in Schedule A thereto valued at $600,000,000 aggregate principal amount of 7.000% Senior Notes due 2031 and $800,000,000 aggregate p (effective 2025-12-03).
“On December 3, 2025, Celanese Corporation ("Celanese"), its wholly-owned subsidiary Celanese US Holdings LLC (the "Issuer"), and certain subsidiaries of the Issuer (together with Celanese and the Issuer, the "Company Parties"), entered into an Underwriting Agreement with BofA Securities, Inc., as representative of the other several underwriters named in Schedule A thereto, providing for the offer and sale by the Issuer of $600,000,000 aggregate principal amount of 7.000% Senior Notes due 2031 and $800,000,000 aggregate principal amount of 7.375% Senior Notes due 2034 (collectively, the "Notes").”
Restructurings & Charges
Celanese Corp announced a restructuring with charges of approximately $70 – 90 million affecting facility in Lanaken, Belgium (acetate tow production site) (approximately 160 employees).
“the completion of such consultation process. As a result of this intended closure, the Company expects to record expenses, excluding employee termination costs, of approximately $70 – 90 million, consisting primarily of approximately $55 – 65 million of non-cash accelerated depreciation of fixed asset costs and approximately $15 – 25 million of other”
Debt Financings
Celanese Corp incurred revolving credit of $1.75 billion unsecured revolving credit facility with Bank of America, N.A. at Daily Simple SOFR, Term SOFR or a customary base rate...plus a margin of between maturing five-year.
“The Revolving Credit Agreement provides for a five-year $1.75 billion unsecured revolving credit facility”
Governance Changes
Celanese Corp: Conforming bylaw amendments in connection with charter amendments, effective upon filing of Certificate of Amendment (effective 2025-05-15).
“In connection with approving the Charter Amendments and recommending them to the Company’s shareholders for approval, and as disclosed in the Proxy Statement, the Board also approved conforming amendments to the Company’s Seventh Amended and Restated By-laws, as amended (the “By-laws Amendments”).”
Governance Changes
Celanese Corp: Shareholders approved amendments to remove supermajority voting requirements and adopt majority voting standards, plus housekeeping amendments (effective 2025-05-15).
“on May 14, 2025, Celanese Corporation (the “Company”) held its 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and the Company’s shareholders approved amendments to the Company’s Second Amended and Restated Certificate of Incorporation (the “Charter”) to remove the supermajority voting requirements in the Charter and replace them with majority voting standards, and to adopt certain other “housekeeping” amendments to the Charter (collectively, the “Charter Amendments”).”
Debt Financings
Celanese Corp incurred senior notes of $700,000,000 aggregate principal amount of its 6.500% Senior Notes due 2030 and $1,100,000,000 aggregate principal amoun at 6.500% for 2030 Notes, 6.750% for 2033 Notes, 5.000% for EUR Notes maturing 2030 for 2030 Notes, 2033 for 2033 Notes, 2031 for EUR Notes.
“On March 14, 2025, Celanese US Holdings LLC (“Celanese US” or the “Issuer”), a wholly owned subsidiary of Celanese Corporation (the “Company”), completed its concurrent registered offerings of $700,000,000 aggregate principal amount of its 6.500% Senior Notes due 2030 (the “2030 Notes”) and $1,100,000,000 aggregate principal amount of its 6.750% Senior Notes due 2033 (the “2033 Notes” and together with the 2030 Notes, the “USD Notes”), and €750,000,000 aggregate principal amount of its 5.000% Senior Notes due 2031 (the “EUR Notes” and together with the USD Notes, the “Notes”).”
Governance Changes
Celanese Corp: Adopted an amendment to Article VIII, Section 8.01 of the Seventh Amended and Restated By-laws to designate federal district courts as the exclusive forum for claims under the Securities Act of 1933, with a backup state court forum in Delaware (effective 2025-03-14).
“On March 14, 2025, the Board of Directors of Celanese Corporation (the “Company”) adopted and approved an amendment (the “Amendment”) to Article VIII, Section 8.01 of the Company’s Seventh Amended and Restated By-laws (as amended, the “Amended By-laws”), effective immediately.”
Scott Sutton was elected as Director at Celanese Corp.
“On February 13, 2025, the Board of Directors (the “Board”) of Celanese Corporation (the “Company”) increased the size of the Board from 12 to 13 members and elected Scott Sutton as a director of the Company, in each case effective March 1, 2025.”
Thomas Kelly departed as Senior Vice President, Engineered Materials at Celanese Corp.
“Thomas Kelly, who is stepping down on January 31, 2025 and will serve in a transition role through March 10, 2025.”
Todd Elliott was appointed as Senior Vice President, Engineered Materials at Celanese Corp.
“On January 14, 2024, Celanese Corporation (the “Company”) appointed Todd Elliott as Senior Vice President, Engineered Materials, effective as of February 3, 2025, to succeed Thomas Kelly”
Governance Changes
Celanese Corp: Amendment to Article IX of the Second Amended and Restated Certificate of Incorporation to add officer exculpation and indemnification provisions under Delaware law (effective 2024-05-15).
“On May 13, 2024, Celanese Corporation (the “Company”) held its 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”) virtually at www.virtualshareholdermeeting.com/CE2024 and the Company’s shareholders approved an amendment to Article IX of the Company’s Second Amended and Restated Certificate of Incorporation, as amended (the “Restated Certificate”), to add language exculpating certain officers of the Company from certain liabilities and extending to our officers a right to mandatory indemnification.”
Shareholder Votes
Celanese Corp shareholders approved Approval of amendment to Restated Certificate to provide for officer exculpation and indemnification under Delaware law.
“4. Approval of Amendment to the Company's Second Amended and Restated Certificate of Incorporation. The Amendment to the Restated Certificate to provide for officer exculpation and indemnification under Delaware law was approved by the shareholders by the votes set forth in the table below. Voted For Voted Against Abstain Broker Non-Votes 93,298,323 7,223,680 59,568 3,674,354”
Shareholder Votes
Celanese Corp shareholders approved Advisory vote to approve executive compensation.
“3. Advisory Vote to Approve Executive Compensation. The shareholders approved, on an advisory basis, the compensation of our named executive officers, as disclosed in the Proxy Statement, by the votes set forth in the table below. Voted For Voted Against Abstain Broker Non-Votes 99,257,359 1,160,371 163,841 3,674,354”
Shareholder Votes
Celanese Corp shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2024.
“2. Ratification of Appointment of Independent Registered Public Accounting Firm. The appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2024 was ratified by the shareholders by the votes set forth in the table below. Voted For Voted Against Abstain 102,793,741 1,424,927 37,257”
Shareholder Votes
Celanese Corp shareholders approved Election of ten directors to serve until 2025 annual meeting.
“1. Election of Directors. Each of the director nominees was elected to serve for a term which expires at the annual meeting of shareholders in 2025 by the votes set forth in the table below. Nominee Voted For Voted Against Abstain Broker Non-Votes Edward G. Galante 97,165,014 3,363,797 52,760 3,674,354 Timothy Go 100,384,924 111,387 85,260 3,674,354 Kathryn M. Hill 98,726,687 1,803,670 51,214 3,674,354 David F. Hoffmeister 91,278,184 9,241,210 62,177 3,674,354 Jay V. Ihlenfeld 99,111,847 1,404,860 64,864 3,674,354 Deborah J. Kissire 92,578,360 7,922,647 80,564 3,674,354 Michael Koening 100,143,153 354,795 83,623 3,674,354 Ganesh Moorthy 100,286,096 209,416 86,059 3,674,354 Kim K.W. Rucker 96,694,879 3,831,773 54,919 3,674,354 Lori J. Ryerkerk 97,512,131 3,047,747 21,693 3,674,354”
Earnings Releases
Celanese Corp reported first quarter 2024 results: revenue $2.6 billion, net income $124 million, EPS $1.10.
“Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported first quarter 2024 U.S. GAAP diluted earnings per share of $1.10 and adjusted earnings per share of $2.08. The Company generated net sales of $2.6 billion in the quarter”
William M. Brown departed as Director at Celanese Corp.
“On March 12, 2024, William M. Brown notified the Board of Directors (the “Board”) of Celanese Corporation (the “Company”) that, given the anticipated responsibilities and time commitment associated with his appointment as Chief Executive Officer of 3M Company, he has decided not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.”
Timothy Go was elected as director at Celanese Corp.
“On February February 27, 2024, the Board of Directors (the "Board") of Celanese Corporation (the "Company") increased the size of the Board from eleven to twelve members and elected Timothy Go as a director of the Company.”
Earnings Releases
Celanese Corp reported fourth quarter and full year 2023 results: revenue $10.9 billion, EPS $18.00.
“specialty materials company, today reported full year 2023 GAAP diluted earnings per share of $18.00 and adjusted earnings per share of $8.92. The Company generated net sales of $10.9 billion in 2023, an increase of 13 percent from the prior year, due to an increase in volume of 23 percent reflecting the Mobility & Materials (M&M) acquisition, partially offset by a”
Material Agreements
Celanese Corp entered into Second Amendment to Credit Agreement (Revolving Credit Agreement) with Bank of America, N.A. valued at amends Revolving Credit Agreement dated March 18, 2022; increases leverage covenant levels to 5.00:1 (effective 2024-02-16).
“(b) a Second Amendment to Credit Agreement (the “Amendment to the Revolving Credit Agreement” and, together with the Amendment to the March 2022 Term Loan Credit Agreement, the “Amendments”), which amends the Revolving Credit Agreement, dated as of March 18, 2022, by and among the Company, Celanese US, Celanese Europe B.V., as a borrower, the subsidiaries of the Company party thereto as guarantors, the lenders party thereto and Bank of America, N.A., as Administrative Agent”
Material Agreements
Celanese Corp entered into Third Amendment to Credit Agreement (March 2022 Term Loan Credit Agreement) with Bank of America, N.A. valued at amends March 2022 Term Loan Credit Agreement; increases leverage covenant levels to 5.00:1.00 and co (effective 2024-02-16).
“On February 16, 2024, Celanese US Holdings LLC (“Celanese US”), a wholly-owned subsidiary of Celanese Corporation (the “Company”) entered into (a) a Third Amendment to Credit Agreement (the “Amendment to the March 2022 Term Loan Credit Agreement”), which amends the Term Loan Credit Agreement, dated as of March 18, 2022, by and among the Company, Celanese US, the subsidiaries of the Company party thereto as guarantors, the lenders party thereto and Bank of America, N.A., as Administrative Agent”
Jean S. Blackwell retired as Director at Celanese Corp.
“On January 25, 2024, Jean S. Blackwell notified the Board of Directors (the “Board”) of Celanese Corporation (the “Company”) that she has decided not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders and to retire from the Board.”
Earnings Releases
Celanese Corp reported third quarter of 2023 results: revenue $2.7 billion, EPS $8.70.
“Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported third quarter 2023 GAAP diluted earnings per share of $8.70 and adjusted earnings per share of $2.50. The Company generated net sales of $2.7 billion in the quarter”
Anne L. Puckett departed as General Counsel at Celanese Corp.
“On November 1, 2023, Celanese reached an agreement (“Separation Agreement”) with Anne L. Puckett whereby Ms. Puckett will depart from the Company following service in a transition role through early 2024.”
Ashley B. Duffie was appointed as Senior Vice President and General Counsel at Celanese Corp.
“Ashley B. Duffie was appointed Senior Vice President and General Counsel.”
Chuck B. Kyrish was appointed as Senior Vice President and Chief Financial Officer at Celanese Corp.
“Chuck B. Kyrish was appointed Senior Vice President and Chief Financial Officer;”
Scott A. Richardson was appointed as Executive Vice President and Chief Operating Officer at Celanese Corp.
“Scott A. Richardson was appointed Executive Vice President and Chief Operating Officer;”
Restructurings & Charges
Celanese Corp announced a restructuring with charges of approximately $110-125 million affecting Polyamide 66 (PA66 or Nylon 66) and High-Performance Nylon (HPN) polymerization units at its facility in Uentrop, Germany.
“process, to be completed in 2024. As a result of this intended closure, the Company expects to record expenses, excluding employee termination costs, of approximately $110-125 million, consisting primarily of approximately $75-85 million of non-cash accelerated depreciation of fixed asset costs and approximately $35-40 million of other”
Ganesh Moorthy was elected as Director at Celanese Corp.
“elected Ganesh Moorthy as a director of the Company.”
Material Agreements
Celanese Corp entered into Fourteenth Supplemental Indenture with Wells Fargo Bank, National Association; U.S. Bank Trust Company, National Association; Computershare Trust Company, N.A. valued at $1,000,000,000 aggregate principal amount of its 6.350% Senior Notes due 2028, $1,000,000,000 aggreg (effective 2023-08-24).
“On August 24, 2023, Celanese US Holdings LLC (“Celanese US”), a wholly owned subsidiary of Celanese Corporation (the “Company”), completed its registered offering (the “Offering”) of $1,000,000,000 aggregate principal amount of its 6.350% Senior Notes due 2028 (the “2028 Notes”), $1,000,000,000 aggregate principal amount of its 6.550% Senior Notes due 2030 (the “2030 Notes”), and $1,000,000,000 aggregate principal amount of its 6.700% Senior Notes due 2033 (the “2033 Notes” and together with the 2028 Notes and the 2030 Notes, the “Notes”).”
Material Agreements
Celanese Corp entered into Underwriting Agreement with BofA Securities, Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC, as representatives of the other several underwriters valued at $1,000,000,000 aggregate principal amount of 6.350% Senior Notes due 2028, $1,000,000,000 aggregate (effective 2023-08-10).
“On August 10, 2023, Celanese Corporation (“Celanese”), its wholly-owned subsidiary Celanese US Holdings LLC (the “Issuer”), and certain subsidiaries of the Issuer (the “Subsidiary Guarantors” and, together with Celanese and the Issuer, the “Company Parties”), entered into an Underwriting Agreement with BofA Securities, Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC, as representatives of the other several underwriters named in Schedule A thereto (collectively, the “Underwriters”), and the Underwriters, providing for the offer and sale by the Issuer of $1,000,000,000 aggregate principal amount of 6.350% Senior Notes due 2028, $1,000,000,000 aggregate principal amount of 6.550% Senior Notes due 2030 and $1,000,000,000 aggregate principal amount of 6.700% Senior Notes due 2033 (collectively, the “Notes”).”
Earnings Releases
Celanese Corp reported second quarter 2023 results: revenue $2.8 billion, net income $221 million, EPS $2.00.
“Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported second quarter 2023 GAAP diluted earnings per share of $2.00 and adjusted earnings per share of $2.17. The Company generated net sales of $2.8 billion in the quarter”
“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”
Shareholder Votes
Celanese Corp shareholders approved Approval of the Amended and Restated 2018 Global Incentive Plan.
“The Amended and Restated 2018 Global Incentive Plan was approved by the shareholders by the votes set forth in the table below.”
Shareholder Votes
Celanese Corp shareholders approved Advisory vote on frequency of advisory votes on executive compensation.
“The shareholders approved, on an advisory basis, the holding of a shareholder advisory vote on executive compensation of our named executive officers, as disclosed in the Proxy Statement, on a periodic basis by the votes set forth in the table below.”
Shareholder Votes
Celanese Corp shareholders approved Advisory vote to approve executive compensation as disclosed in the Proxy Statement.
“The shareholders approved, on an advisory basis, the compensation of our named executive officers, as disclosed in the Proxy Statement, by the votes set forth in the table below.”
Shareholder Votes
Celanese Corp shareholders approved Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2023.
“The appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023 was ratified by the shareholders by the votes set forth in the table below.”
Shareholder Votes
Celanese Corp shareholders approved Election of ten directors to serve until the 2024 annual meeting or until successors are elected.
“Each of the director nominees was elected to serve for a term which expires at the annual meeting of shareholders in 2024 by the votes set forth in the table below.”
Earnings Releases
Celanese Corp reported full year 2022 results: revenue $9.7 billion, EPS $17.41.
“Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported highest-ever GAAP diluted earnings per share of $17.41 and second-highest ever adjusted earnings per share of $15.88 for full year 2022. The Company generated record net sales of $9.7 billion in the year, an increase of 13 percent over the prior record set in 2021.”
Earnings Releases
Celanese Corp reported the fourth quarter 2022 results: EPS $7.03.
“Celanese also reported fourth quarter GAAP diluted earnings per share of $7.03 and adjusted earnings per share of $1.44.”
John G. Fotheringham departed as Senior Vice President, Acetyls at Celanese Corp.
“On February 13, 2023, Celanese and John G. Fotheringham, former Senior Vice President, Acetyls, reached an agreement whereby Mr. Fotheringham will step down from all officer and director positions with the Company and its subsidiaries effective March 1, 2023.”
Mark C. Murray was appointed as Senior Vice President, Acetyls at Celanese Corp.
“On February 14, 2023, Celanese Corporation (“Celanese” or the “Company”) announced the appointment of Mark C. Murray to the role of Senior Vice President, Acetyls.”
Mark C. Murray was appointed as Interim head of the Acetyls business at Celanese Corp.
“On an interim basis effective November 8, 2022, Mark C. Murray will assume Mr. Fotheringham’s duties and lead the Celanese Acetyls business.”
John G. Fotheringham departed as Senior Vice President, Acetyls at Celanese Corp.
“John G. Fotheringham, Senior Vice President, Acetyls, will be taking a temporary personal leave of absence, effective November 8, 2022 through spring 2023.”
Earnings Releases
Celanese Corp reported third quarter 2022 results: revenue $2.3 billion, net income $193 million, EPS GAAP diluted earnings per share of $1.76 and adjusted earnings per share of $3.94.
“materials company, today reported third quarter 2022 GAAP diluted earnings per share of $1.76 and adjusted earnings per share of $3.94. The Company generated net sales of $2.3 billion in the third quarter, a 7 percent decrease from the prior quarter due to sequential decreases in price and volume of 3 percent and 2 percent, respectively, and a 2 percent”
M&A Transactions
Celanese Corp completed an acquisition involving DuPont de Nemours, Inc. and one of its affiliates for $11,000,000,000 in cash (closed 2022-11-01).
“to the terms and conditions set forth in the Transaction Agreement, a majority of the Mobility and Materials business of DuPont (such acquired business, the “Business”) for $11,000,000,000 in cash, subject to customary transaction adjustments (the “Purchase Price”). On November 1, 2022, the Company and DuPont completed the acquisition in accordance with the”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.