Full-Time
Posted on 8/20/2026
Global producer of chemicals and materials
No salary listed
Washington, WV, USA
In Person
Bachelor's, Associate's
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Celanese manufactures a wide range of chemical products and high-performance polymers used in industries like automotive, electronics, and textiles. The company produces chemical building blocks, such as acetic acid and vinyl acetate monomer, which customers use to create adhesives, coatings, and medical devices. Unlike many competitors, Celanese maintains a dual focus on both large-scale chemical production and specialized material science research to develop custom formulations for specific client needs. Its goal is to use its global supply chain and research capabilities to provide the essential materials required for modern consumer and industrial products.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Dallas, Texas
Founded
1918
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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.
Insider buying: Celanese (NYSE:CE) SVP purchases 2,153 Shares of stock. August 12, 2026 Key points. * Celanese SVP Mark Christopher Murray bought 2,153 shares at an average price of $45.52, investing approximately $98,005 and increasing his direct ownership to 30,432 shares. * Celanese reported quarterly EPS of $2.45, exceeding analysts' $2.23 estimate, while revenue of $2.75 billion rose 8.7% year over year. The company issued third-quarter 2026 EPS guidance of $1.35 to $1.75. * Shares recently traded at $43.46, and analysts maintain a "Moderate Buy" consensus with an average price target of $63.88; institutional investors own 98.87% of the stock. * MarketBeat previews the top five stocks to own by September 1st. Celanese Corporation (NYSE:CE - Get Free Report) SVP Mark Christopher Murray acquired 2,153 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $45.52 per share, with a total value of $98,004.56. Following the completion of the acquisition, the senior vice president directly owned 30,432 shares in the company, valued at approximately $1,385,264.64. This represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Celanese price performance. Shares of CE traded down $1.38 during trading hours on Wednesday, hitting $43.46. 1,226,538 shares of the company were exchanged, compared to its average volume of 2,238,510. The company has a market cap of $4.77 billion, a price-to-earnings ratio of -4.07, a P/E/G ratio of 0.29 and a beta of 0.76. Celanese Corporation has a fifty-two week low of $35.13 and a fifty-two week high of $70.70. The company has a quick ratio of 0.87, a current ratio of 1.45 and a debt-to-equity ratio of 2.33. The firm's fifty day moving average is $47.76 and its 200 day moving average is $53.90. Celanese (NYSE:CE - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.23 by $0.22. Celanese had a positive return on equity of 13.04% and a negative net margin of 12.04%.The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same quarter in the previous year, the firm earned $1.44 earnings per share. Celanese's revenue for the quarter was up 8.7% compared to the same quarter last year. Celanese has set its Q3 2026 guidance at 1.350-1.750 EPS. On average, equities analysts anticipate that Celanese Corporation will post 5.94 earnings per share for the current fiscal year. Celanese dividend announcement. The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Tuesday, July 28th were given a $0.03 dividend. The ex-dividend date was Tuesday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 0.3%. Celanese's payout ratio is presently -1.12%. Analyst upgrades and downgrades. A number of research analysts recently issued reports on CE shares. Royal Bank Of Canada lifted their price objective on shares of Celanese from $66.00 to $68.00 and gave the company a "sector perform" rating in a research note on Monday, May 11th. BMO Capital Markets cut their target price on Celanese from $57.00 to $54.00 and set a "market perform" rating for the company in a research note on Wednesday, August 5th. Morgan Stanley reduced their target price on Celanese from $72.00 to $58.00 and set an "equal weight" rating on the stock in a report on Thursday, July 16th. Bank of America decreased their price target on Celanese from $72.00 to $63.00 and set a "buy" rating on the stock in a research note on Tuesday, June 30th. Finally, Mizuho set a $50.00 price objective on Celanese in a research report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Celanese currently has an average rating of "Moderate Buy" and an average target price of $63.88. Institutional trading of Celanese. A number of hedge funds and other institutional investors have recently modified their holdings of CE. Geneos Wealth Management Inc. boosted its holdings in shares of Celanese by 111.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 270 shares in the last quarter. National Bank of Canada FI bought a new position in Celanese in the third quarter valued at about $34,000. Smartleaf Asset Management LLC boosted its stake in shares of Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company's stock valued at $38,000 after purchasing an additional 331 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Celanese by 175.7% during the fourth quarter. UMB Bank n.a. now owns 896 shares of the basic materials company's stock worth $38,000 after purchasing an additional 571 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Celanese in the fourth quarter valued at approximately $41,000. Institutional investors own 98.87% of the company's stock. About Celanese. Celanese Corporation 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. 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Celanese won dismissal of damages claims in Amsterdam District Court related to a European Commission settlement. The court rejected claims from Shell Chemicals Europe and parties represented by Stichting Ethylene Claims, removing potential financial liability tied to past ethylene purchases in North Western Europe. The ruling eliminates a legal overhang for the chemicals supplier, which serves automotive, construction, and consumer goods sectors. Celanese shares closed at $43.89, down over 60% in three years and over 70% across five years. The company reported Q2 2026 sales of $2.75 billion with net income of $125 million, compared to $2.53 billion in sales and $197 million net income the previous year. Earnings per share from continuing operations declined year-over-year.
Celanese Corporation reported second quarter 2026 diluted earnings per share of $1.15 and adjusted earnings per share of $2.45. Net sales of $2.8 billion increased 18% sequentially, driven by a 4% volume increase and 14% price increase. The chemical and specialty materials company reported operating profit of $276 million and adjusted EBIT of $470 million. Results were driven by favourable pricing in Engineered Materials and execution within the Acetyl Chain, with momentum in medical and electronics sectors. Celanese completed several restructuring initiatives, including closing its Ulsan, South Korea compounding unit and optimising its nylon 6,6 manufacturing network ahead of schedule. These actions are expected to deliver over $50 million in annualised fixed-cost savings whilst improving portfolio competitiveness.