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Celanese Corporation, (formerly Hoechst Celanese)

Posted on January 17, 2021January 26, 2021

Celanese Corporation, (formerly Hoechst Celanese), is a Fortune 500 global technology and specialty materials company headquartered in Irving, Texas, United States.

The company is the world’s leading producer of acetic acid, with the company’s total output, which currently stands at 1.95 million tonnes per year, representing approximately 25% of global production. Celanese is also the world’s largest producer of vinyl acetate monomer (VAM).

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, one on Jurong Island in Singapore, and the third is in Nanjing, China.

Traded as:           NYSE: CE; S&P 500 component; Russell 1000 component

Industry:              Chemicals and advanced materials

Predecessor:       Celanese AG

Founded:             New York City (1918)

Founder:              Camille Dreyfus

Headquarters:    Irving, Texas

Website:              www.celanese.com

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