Celanese

Celanese Corporation

File:Celanese logo.svg
Company type	Public
Traded as	NYSE:CE
Industry	Chemicals
Founded	1918
Founder	Camillo Olivetti
Key people	Lori Ryerkerk (CEO)
Products	Acetyl products, engineered materials
Revenue	$6.3 billion (2020)
Number of employees	7,700 (2020)
Website	www.celanese.com

Celanese Corporation is a global technology and specialty materials company that engineers and manufactures a wide variety of products essential to everyday living. The company is a leading producer of acetyl products, which are intermediate chemicals used in nearly all major industries. Celanese is also a leading global producer of high-performance engineered polymers that are used in a variety of applications.

History

Celanese was founded in 1918 by Camillo Olivetti in Italy as a producer of cellulose acetate, a material used in the production of textiles and film. The company expanded rapidly, establishing operations in the United States and other countries. Over the years, Celanese diversified its product offerings and became a major player in the global chemical industry.

In the 21st century, Celanese has focused on innovation and sustainability, developing new materials and processes to meet the demands of modern industries. The company has also expanded its global footprint, with manufacturing facilities and research centers around the world.

Products and Services

Celanese's product portfolio includes:

• Acetyl Chain: This includes acetic acid, vinyl acetate monomer (VAM), and other acetyl derivatives. These chemicals are used in the production of paints, coatings, adhesives, and other industrial products.

• Engineered Materials: Celanese produces high-performance polymers such as polyoxymethylene (POM), polybutylene terephthalate (PBT), and liquid crystal polymers (LCPs). These materials are used in automotive, electronics, and consumer goods applications.

• Food Ingredients: The company also produces food-grade ingredients such as sorbates and potassium sorbate, which are used as preservatives in food and beverages.

Research and Development

Celanese invests heavily in research and development to drive innovation in its product lines. The company operates several R&D centers worldwide, focusing on developing new materials and improving existing processes. Celanese collaborates with customers and academic institutions to advance its technological capabilities.

Sustainability Initiatives

Celanese is committed to sustainability and reducing its environmental impact. The company has set goals to reduce greenhouse gas emissions, improve energy efficiency, and increase the use of renewable resources in its operations. Celanese also focuses on developing sustainable products that help customers reduce their environmental footprint.

Global Presence

Celanese operates in North America, Europe, Asia, and Latin America, with manufacturing facilities and sales offices in over 30 countries. The company's global reach allows it to serve a diverse customer base and respond quickly to market demands.

Also see

• Acetic acid
• Vinyl acetate
• Polyoxymethylene
• Polybutylene terephthalate
• Liquid crystal polymer