Celanese Corporation (CE) has stirred significant attention from industry players, analysts, and investors. A notable event is the announcement to overhaul its
Vinyl Acetate Monomer (VAM) product pricing in the Western Hemisphere for 2025, indicating a significant shift in strategy. Meanwhile, the company has also amended its bylaws, designating federal courts as the exclusive forum for legal proceedings. In financial news,
Celanese recently undertook a massive
$2.6B debt restructuring, potentially signaling stronger financial health. Despite this, the firm's share price went down and numerous investigations from law firms have put the company under scrutiny. High profile investors like Scott Sutton have increased their stake in the company, while others have expressed concern, suggesting now may not be the best time to buy the firm's stock. Citing factors such as weak demand and a weak outlook,
Celanese's Q4 2024 earnings beat estimates, but the company's stock still plunged, also influenced by a quarterly loss.
Celanese also announced a carbon capture partnership, aiming to remove 5,000 tons of CO2 annually. As a result, analyst ratings have mixed opinions with some upgrading their rating on Celanese stock while others remain pessimistic.
Celanese Corporation CE News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Sat, 15 Mar 2025 08:03:05 GMT -
Rating -4
- Innovation -7
- Information 3
- Rumor -6
