Celanese Corporation

What does Celanese make?
Acetyl chain products such as acetic acid and vinyl acetate monomer, plus engineered polymers including nylon, acetal, liquid crystal polymer, and thermoplastic elastomers.

Is Celanese publicly traded?
Yes. It trades on the NYSE under ticker CE.

Did Celanese buy DuPont brands?
Yes. Celanese acquired DuPont's Mobility and Materials business in November 2022 for $11 billion, adding brands such as Zytel, Hytrel, Crastin, and Vamac.

Did Celanese sell businesses recently?
Yes. It sold the Micromax business to Element Solutions in February 2026 and an additional 19 percent of the Nutrinova joint venture to Mitsui in 2026 as part of a deleveraging program.

Who is the CEO of Celanese?
Scott Richardson, president and chief executive officer.

Camille Dreyfus founded the American Cellulose and Chemical Manufacturing Company in 1918, building the business on cellulose acetate production for textiles and films.

The company grew into a major chemical producer through the twentieth century, forming Celanese Corporation and establishing its acetyl chemistry leadership. In 1987 Hoechst AG acquired Celanese, and in 1999 Hoechst spun the business off as an independent NYSE-listed company again.

Private equity firm Blackstone took Celanese private in 2004 in a $3.8 billion transaction before returning it to public markets through a 2005 IPO.

The modern portfolio took shape through two large deals: the 2021 acquisition of the Santoprene thermoplastic vulcanizate business from ExxonMobil for $1.15 billion, and the November 2022 acquisition of DuPont's Mobility and Materials segment for $11 billion, which brought the Zytel, Hytrel, Crastin, and Vamac polymer brands.

Since 2024 the company has prioritized deleveraging. In February 2026 it completed the sale of the Micromax electronic materials business to Element Solutions for approximately $500 million, and in August 2026 it agreed to sell an additional 19 percent of the Nutrinova food ingredients joint venture to Mitsui for approximately $152 million, retaining an 11 percent interest. Management targets roughly $1 billion of cumulative divestiture proceeds by the end of 2027.

Celanese publishes annual sustainability reporting covering emissions reduction, product stewardship, and circular materials programs including its Ecomid recycled polyamide line.

Like other large chemical producers, Celanese faces routine environmental regulation and oversight at its manufacturing sites. The FY2025 goodwill and trademark impairments drew investor scrutiny of the DuPont Mobility and Materials acquisition price.