Celanese

Irving, United States Founded: 1918 • Age: 108 yrs Acquired By Blackstone
Special chemicals for industrial applications are developed by Celanese.
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About Celanese

Celanese is a company based in Irving (United States) founded in 1918 was acquired by Blackstone in December 2003.. The company has 12,160 employees as of December 31, 2024. Celanese has completed 7 acquisitions, including Cool Polymers, Elotex and Mobility & Materials. Celanese offers products and services including Potatoes and Grain Marketing.

  • Headquarter Irving, United States
  • Employees 12160 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Celanese Corporation
Operational Areas
Chemicals & Materials → Advanced & Functional Materials
Chemicals & Materials → Specialty & Industrial Chemicals
Key Metrics
  • Annual Revenue
    $10.28 B
    -6.03
    as on Dec 31, 2024
  • Net Profit
    $-1.52 B
    -177.65
    as on Dec 31, 2024
  • EBITDA
    $1.89 B
    -2.22
    as on Dec 31, 2024
  • Latest Funding Round
    $356.7 M (USD), Post-IPO

    Dec 04, 2017

  • Investors
  • Employee Count
    12160

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Blackstone

    (Dec 22, 2003)

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IPO & Listings of Celanese

Celanese is a publicly listed company on the NYSE with ticker symbol CE in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: CE . Sector: Process industries · USA

Products & Services of Celanese

Celanese offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Potatoes are farmed and sold for food and industrial purposes by the company

Grains are promoted and distributed from farms by the company

People of Celanese
Headcount 5000-10000
Employee Profiles 391
Board Members and Advisors 12
Employee Profiles
People
Sugam Kulkarni
Business Leader India & Subcontinent. Emulsions & RD Powders
People
Mohamed Akalai
Head Of Payroll Dach/lux
People
Marcel Van Amerongen
VP, Cellulose Derivatives
People
Varun Dhawan
Senior Manager IT Supply Chain

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Board Members and Advisors
people
Kathryn M. Hill
Director
people
David F. Hoffmeister
Director
people
Ganesh Moorthy
Director

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Funding Insights of Celanese

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $356.7M
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Post-IPO - Celanese Valuation

investors

Aug, 2008 Amount Post-IPO - Celanese Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Celanese

Celanese has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blackstone. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Celanese

Celanese has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Cool Polymers, Elotex and Mobility & Materials. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of electrical & electronics, industrial, and other materials
2022
Compounded polymers are manufactured by Next Polymers in India.
2006
Conductive polymers are developed and manufactured for LED applications.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Celanese

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Celanese Comparisons

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Competitors of Celanese

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Celanese

Frequently Asked Questions about Celanese

When was Celanese founded?

Celanese was founded in 1918 and raised its 1st funding round 90 years after it was founded.

Where is Celanese located?

Celanese is headquartered in Irving, United States. It is registered at Irving, Texas, United States.

Who is the current CEO of Celanese?

Mark Rohr is the current CEO of Celanese.

How many employees does Celanese have?

As of Dec 31, 2024, the latest employee count at Celanese is 12,160.

What is the annual revenue of Celanese?

Annual revenue of Celanese is $10.28B as on Dec 31, 2024.

What does Celanese do?

Celanese was founded in 1918 and is headquartered in Irving, United States. Operations focus on the chemicals sector, where acetyl intermediates, engineered materials, fuels, and related products are manufactured. As the largest global producer of vinyl acetate monomer, the company employs around 7,000 people. Revenues reached 9.67 billion in 2022, with net profits of 1.89 billion recorded.

What products or services does Celanese offer?

Celanese offers Potatoes and Grain Marketing.

Is Celanese publicly traded?

Yes, Celanese is publicly traded on NYSE under the ticker symbol CE.

How many acquisitions has Celanese made?

Celanese has made 7 acquisitions, including Cool Polymers, Elotex, and Mobility & Materials.

Who are Celanese's investors?

Celanese has 1 investor. Key investors include Blackstone.

What is Celanese's ticker symbol?

The ticker symbol of Celanese is CE on NYSE.

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