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)
Revenue US$10.28 billion (2024)
US$697 million (2024)
US$1.52 billion (2024)
Total assets US$22.86 billion (2024)
Total equity US$5.175 billion (2024)
Number of employees
12,163 (2024)
Websitecelanese.com
Footnotes / references

Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas. 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. 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 a third in Nanjing, China.