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Celanese Corporation has agreed to sell an additional 19% stake in its Nutrinova food ingredients business to Mitsui & Co., Ltd. for approximately $152 million in cash. The transaction will help Celanese progress towards its goal of achieving $1 billion in divestiture proceeds by the end of 2027. The deal follows a previous sale, leaving Celanese with an 11% interest in the joint venture. Nutrinova generated approximately $4 million in equity earnings for Celanese in 2025. Proceeds will be used to reduce net debt and pay down upcoming debt maturities. As part of the agreement, Celanese will operate a diketene production facility that supplies raw materials to Nutrinova's Frankfurt plant for a transitional period. Nutrinova will cover the facility's purchase price and all operating costs. The transaction is expected to close in the fourth quarter of 2026.

Celanese, Vigor partner on lightweight humanoid robot joints. Sponsored By Celanese and Vigor signed agreement to develop lightweight plastic joint solutions, targeting 30% weight reduction in humanoid robot components through high-performance materials. August 17, 2026 Strategic partnership aims to reduce humanoid robot joint weight by more than 30% using advanced plastic materials instead of traditional metals. Celanese Corp. and Vigor Precision Ltd. signed a strategic partnership agreement at the Celanese Shanghai Commercial and Technology Center, marking an advancement in the development of lightweight plastic joint solutions for humanoid robots. The collaboration brings together Celanese's expertise as a global specialty materials and chemical company with Vigor's leadership in precision plastic gears and components manufacturing. The partnership addresses a critical challenge facing the rapidly growing humanoid robotics industry: the excessive weight of traditional metal joint modules that severely limits operational endurance, dynamic response speed, and load-bearing capabilities. Key executives from both companies attended the signing ceremony, including Vigor CEO Hoi-sang Chan and Todd Elliott, senior vice president of Engineered Materials at Celanese. Replacing steel with advanced plastics. With the explosive growth of artificial intelligence and embodied intelligence, humanoid robotics have gained significant traction in commercial applications. However, traditional metal components have created performance bottlenecks that the new partnership aims to overcome through material innovation. Vigor, an industry leader with more than 40 years of expertise in precision plastic transmission systems, has been dedicated to the research and development of high-precision plastic gears and components since its founding in 1982. Through the strategic partnership with Celanese, Vigor has defined its core research and development objective for next-generation plastic joints: reducing the weight of joint modules by more than 30% by replacing traditional metals with high-performance plastics while ensuring transmission precision and long-term reliability. Stringent performance requirements drive material innovation. Humanoid robot joints place extreme demands on the overall performance of materials during high-speed starts and stops, high-frequency reciprocating motion, and complex loading conditions. Based on the technical consensus between the companies, the partnership is committed to focusing on overcoming the core technical challenges related to high strength and high rigidity, exceptional temperature resistance and thermal stability, precision transmission and self-lubricating properties, and extreme lightweighting and dimensional accuracy. End-to-end support from material selection to mass production. The companies noted the agreement marks not only the establishment of a supplier-customer relationship but also represents deep technical integration across the entire industrial value chain. Celanese has agreed to provide customized material solutions aligned with VIGOR's technical specifications, supporting targeted material commercialization, full lifecycle validation and consistent performance at mass production scale. "VIGOR possesses deep technical expertise in precision plastic molding, while Celanese is a global leader in high-performance materials science," Hoi-sang Chan, CEO of VIGOR, said at the signing ceremony. "Today's partnership marks a crucial step in infusing 'material genetics' into 'precision manufacturing.' We look forward to working closely together to achieve the precise formulation of high-performance materials for robotic joints, thereby clearing the way for the large-scale deployment of humanoid robots." Todd Elliott, senior vice president, Celanese Engineered Materials, said robotics is an increasingly important growth area for engineered materials, with customers seeking compact, durable, lightweight and low-noise solutions that can perform reliably in demanding applications. "Through this partnership, we can bring Celanese materials science, application development and local technical capabilities together with Vigor's's precision gear design and manufacturing expertise to help enable the next generation of robotic motion systems," he said. The strategic partnership between Vigor and Celanese marks a solid step forward in lightweighting core components for humanoid robots by replacing steel with high-performance plastic. Moving forward, the two companies intend to continue to deepen their collaborative innovation and accelerate the commercialization of high-performance plastic joint solutions for industrial, commercial and specialized service robotics applications. About the partners. Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Its businesses use the company's chemistry, technology and commercial expertise to create value for customers, employees and shareholders. Celanese employs more than 11,000 employees worldwide with 2025 net sales of $9.5 billion. Vigor specializes in the design and production of high precision plastic gears and plastic components. With headquarters in Hong Kong and manufacturing facilities in mainland China, Vigor has approximately 3,000 employees in its operations across four different factories in Dongguan. Editor-in-chief of PlasticsToday, David Hutton is a journalist with more than 25 years of experience as an editor and writer with daily newspapers and trade publications. A Kent State University graduate, he was born in Canton, OH, and is a lifelong writer. David started his professional career as a reporter and page designer with the Parkersburg Sentinel in Parkersburg, WV. He returned to his hometown, taking a role with the Massillon Independent, where he rose to the position of managing editor. David's career next took him to October Research Corp., where he worked for trade publications in the real estate settlement services industry before returning to daily newspapers as news editor for The Times-Reporter in Dover-New Philadelphia, OH. While there, he oversaw design of the newspaper and won an Associated Press award for Best Page 1 Design. In 2012, David joined the staff of Plastics News as research analyst. He was responsible for the production of data research reports providing analysis of various segments and end markets of the plastics industry. He also produced content for the publication. In 2019, David joined Ophthalmology Times, serving as managing editor of the publication covering the latest advancements in the ophthalmology industry for physicians and clinicians. David lives in Canton, OH, with his wife, Arionne. They have three grown children, Paige, Chandler and Connor. Their "zoo" also includes two cats, a parrot, and a pug, named Freddie. An avid sports fan, David follows the Cleveland Browns, Cavaliers, and Guardians as well as the Ohio State Buckeyes. He also enjoys movies, classic rock, and reading. He enjoys sports cars, and owns a Camaro and a Corvette. Want more PlasticsToday in your search results? Editor's choice. Aug 18, 2026 Aug 17, 2026

Celanese (CE) beat estimates, so why is guidance getting trickier? Published on August 12, 2026 at 5:55 pm by maham fatima in hedge funds, news. Celanese (NYSE:CE) walked into its August 4 earnings call having beaten the plan it laid out back in May, then spent the call flagging a bumpier third quarter ahead. CEO Scott Richardson and CFO Chuck Kyrish explained why: the company's global production network flexed hard in the second quarter, pulling forward benefits that are now set to reverse. A strong Q2 built partly on timing, against a softer Q3 already baked into guidance, is the tension running through the whole call. Bull case: where the business is actually getting better. Inside Engineered Materials, Richardson pointed to where the work is paying off. Electronics makes up about 10% of the segment's revenue but 10% to 15% of its contribution margin, while medical is under 10% of revenue yet close to 20% of contribution margin. More than a year spent realigning sales around narrower, higher-value subsegments, rather than chasing broad end markets, is what built that gap. On pricing, Celanese moved early. Richardson said the team pushed through increases and exited the second quarter on strong footing, positioning the company to offset a chunk of the raw material inflation now hitting the P&L in the third quarter. The balance sheet backs up that discipline. Kyrish said Celanese has deleveraged for roughly five straight quarters and remains committed to $1 billion in divestitures by the end of 2027, about halfway there after last year's Micromax transaction closed earlier in 2026, with at least one more deal expected by year-end. Free cash flow guidance of $700 million to $800 million for 2026 is unchanged, and Kyrish now calls that range Celanese's sustainable baseline for the next several years. Bear case: the trickier third quarter management is bracing for. The offsetting story is the third quarter itself. Richardson said Celanese accelerated the closure of its Lanaken acetate tow plant and pulled forward other Engineered Materials shutdowns, meaning a bigger inventory absorption hit lands in the back half than originally planned. Equity earnings will also run about $10 million lower this year because the Ibn Sina joint venture barely operated for much of the second quarter, with most of that shortfall landing in the third. Geography adds another layer. Asian acetyl margins spiked after the war disrupted supply earlier in the year, but Richardson said that lift was short-lived, and margins were back near pre-war levels by the middle of the second quarter. Western Hemisphere margins have not returned to their own pre-war highs, and as supply chains reroute around the disrupted Middle East flows, some further compression is expected. Volumes were uneven too. Acetyl Chain volumes were flat year over year, as continued acetate tow destocking offset gains in the vinyls chain, and Richardson expects some further tow destocking through the second half. In Engineered Materials, automotive volumes fell a few percentage points as vehicle builds declined, even as non-auto demand held up. What the market is pricing in. Hedge fund ownership rose from 42 funds to 49 in the most recent quarter, which reads as building institutional interest. Short sellers disagree, with 12.30% of the float sold short, a level that points to a real bear camp still positioned against the stock. Despite that skepticism, shares trade at a forward P/E of just 7.37 as of August 12, a multiple that assumes little earnings growth ahead. Funds adding shares while short interest stays elevated and the multiple stays cheap sums up the split read coming out of this call. So which Celanese shows up next quarter? Celanese's second quarter showed a company that can flex its global network and wins business on reliability when competitors stumble. Its third quarter guidance shows the cost of that flexibility, from accelerated plant closures to a weaker equity earnings line. The push into electronics and medical inside Engineered Materials, paired with the pricing gains booked late in the second quarter, is what would keep the stronger story intact. While we acknowledge the risk and potential of CE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CE and that has 10,000% upside potential, check out our report about this cheapest AI stock.