Celanese and Baumit Partner to Provide Sustainable Solutions

Group 1 - Celanese Corporation (CE) has partnered with Baumit to develop sustainable paint and plaster solutions utilizing carbon capture and utilization (CCU) technology aimed at Baumit's European customers [1][2] - CE's ECO-CC products convert waste emissions into chemical raw materials, capturing CO2 to be used as a raw material in binders, which will be 100% recycled into facade plasters and paints, thereby reducing carbon emissions [2] - This collaboration is expected to reduce Baumit's CO2 emissions by over 5,000 tons annually, aligning with Baumit's GO2morrow sustainability goal and promoting a circular economy [3] Group 2 - CE's stock has experienced a significant decline of 64.2% over the past year, contrasting with a 22% decline in the industry [3] - CE currently holds a Zacks Rank of 5 (Strong Sell), while competitors like Ingevity Corporation (NGVT), Carpenter Technology Corporation (CRS), and ArcelorMittal (MT) have better rankings [4] - Ingevity's current-year earnings estimate is $4.45 per share, with a notable average earnings surprise of 202.9$6.95 per share, with an impressive average earnings surprise of 15.7% and a stock increase of 211.7% in the past year [6] - ArcelorMittal's earnings estimate is $3.72 per share, with a consistent performance of surpassing earnings estimates in three of the last four quarters [7]