Celanese (NYSE:CE) is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.
In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability. The Acetyl Chain segment manufactures acetic acid, vinyl acetate monomer (VAM), cellulose acetate and related derivatives, which serve as key building blocks for downstream industries, including textiles, pharmaceuticals and tobacco. The company emphasizes innovation in polymer science and catalysis to meet growing customer demands for lightweight, high-strength and eco-efficient materials.
Founded in 1918 as the American Cellulose & Chemical Manufacturing Company, Celanese has evolved through decades of technological advancements and strategic restructuring. Today it is headquartered in Irving, Texas, and maintains manufacturing and research facilities across North America, Europe and Asia. This global footprint enables the company to serve customers in automotive, industrial, packaging, consumer and healthcare markets worldwide.
Leadership is centered in its Irving headquarters, where President and Chief Executive Officer Lori Ryerkerk oversees corporate strategy, R&D investment and sustainability initiatives. Under her guidance, Celanese continues to expand its specialty materials offerings and improve operational efficiency while maintaining a focus on environmental stewardship and safety.