Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas.[3] 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.[4] Celanese is also the world's largest producer of vinyl acetate monomer (VAM).[5]
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,[6] one on Jurong Island in Singapore, and a third in Nanjing, China.[4][7]
During 2018 Celanese along with 90 additional Fortune 500 companies "paid an effective federal tax rate of 0% or less" as a result of Donald Trump´s Tax Cuts and Jobs Act of 2017
History
In 1918, the American Cellulose & Chemical Manufacturing Company (known as Amcelle) was founded in New York City by Swiss chemist Camille Dreyfus.[8]
The American Cellulose and Chemical Manufacturing Co. Ltd plant in Cumberland, Maryland, originated in 1918 during World War I to produce cheaper fabric for airplane manufacturing.[9] The plant location was chosen inland to protect against potential Zeppelin attacks. It was also situated in proximity to a ready source of water at the Potomac River and easy access to coal supplies and railroad lines. After a series of delays, production began on Christmas Day, 1924 with a series of cellulose acetate commercial fabrics and yarns intended as alternatives to silk.[10] The plant closed in 1983,[11] and was later torn down to provide a space for a new
Products
Acetyl intermediates
Acetyl intermediates is Celanese's largest segment, with a product range consisting of basic chemicals such as acetic acid, acetic anhydride, and vinyl acetate. Customers of acetyl intermediates and industrial specialties are in the chemical, paint and coatings, construction, and adhesive industries for polymerization.
Advanced engineered materials
Advanced engineered materials offers plastic polymers to customers in the automotive, electronics, telecommunications, and medical industries. Major products include engineered plastics for fuel system components (provided by Ticona, the engineering polymer business of Celanese), conveyor belts, electronics, safety systems, emissions filtration, and fluid handling. Polymer production is improved by the acquisition of SO.F.TER Group, Forlì, in Italy in 2016.[38]
Consumer specialties
External links
- "Analysis of Proposed Consent Order to Aid Public Comment". Federal Trade Commission.
- Scheyder, Ernest (May 11, 2010) "Interview-Celanese CEO Looks to Shake Up Product Line". Reuters.
- Tate, Paul (May 4, 2010) "Dialogue: Innovating the Future". Manufacturing Executive.
- Iversen, Wes (April 2010) "A Pragmatic Response to Climate-Change Regulation". Automation World.
- Reade, Lou (March 25, 2010) "Celanese Health and Safety Culture is Zero Tolerance". ICIS Chemical Business.
References
- Celanese Corporation 2024 Annual Report (Form 10-K) U.S. Securities and Exchange Commission, February 21, 2025, retrieved March 11, 2025^
- Anne Stych. Irving-based chemical company names new CEO Dallas Business Journal, April 10, 2019, retrieved April 10, 2019^
- "Contacts"