Celanese

Celanese Corporation
Company typePublic
ISINUS1508701034
IndustryChemicals and advanced materials
PredecessorCelanese AG
Founded1918 (1918) in New York City
FounderCamille Dreyfus
Headquarters,
U.S.
Area served
Global
Key people
  • Scott Richardson (CEO)
  • Edward Galante (chairman)
RevenueDecrease US$10.28 billion (2024)
Decrease US$−697 million (2024)
Decrease US$−1.52 billion (2024)
Total assetsDecrease US$22.86 billion (2024)
Total equityDecrease US$5.175 billion (2024)
Number of employees
12,163 (2024)
Websitecelanese.com
Footnotes / references
[1][2]

Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas.[3] It is a Fortune 500 corporation. The company is the world's leading producer of acetic acid, producing about 1.95 million tonnes per year, representing approximately 20% of global production.[4] Celanese is also the world's largest producer of vinyl acetate monomer (VAM).[5]

Celanese operates 25 production plants and six research centers in 11 countries, mainly in North America, Europe, and Asia. The company owns and operates the world's three largest acetic acid plants: one in the Clear Lake area of Pasadena, Texas,[6] one on Jurong Island in Singapore, and a third in Nanjing, China.[4][7]

  1. ^ "Celanese Corporation 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 21, 2025. Retrieved March 11, 2025.
  2. ^ Stych, Anne (April 10, 2019). "Irving-based chemical company names new CEO". Dallas Business Journal. Retrieved April 10, 2019.
  3. ^ "Contacts". Celanese. Retrieved December 12, 2012. "Celanese Corporation Headquarters 222 W. Las Colinas Blvd., Suite 900N Irving, Texas 75039 USA".
  4. ^ a b "Celanese Acetic Acid Plant, Nanjing". Chemical Technology. Archived from the original on November 25, 2020. Retrieved September 5, 2020.
  5. ^ "Celanese to cut jobs due to poor economic climate". ICIS News. January 15, 2009. Retrieved June 29, 2010.
  6. ^ "DuPont declares VAM force majeure". ICIS News. September 5, 2007. Retrieved June 29, 2010.
  7. ^ "Celanese to Build Acetic Acid Plant in China". Chem Europe. March 5, 2003. Retrieved March 18, 2025.

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