Celanese Corporation

Dallas, TX United States

 

Company Description

Celanese Corporation gets a lot of good ink about its acetates. The company's primary operations include the manufacture of building block chemicals like acetic acid and vinyl acetate monomers. Those chemicals are used in everything from inks and paints to agricultural products and chewing gum. Canadian subsidiary Acetex, the majority of whose sales come from Europe, is the world's largest acetyls manufacturer. Other products include acetate tow (in cigarette filters); industrial specialties like ethylene vinyl aceta; and engineered plastics. The bulk of sales come from the US and Germany. FMR LLC (Fidelity Investments) owns about 11% of Celanese, with several other investment firms owning a significant share.