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Celanese (CE) FY Conference Transcript
2025-06-05 16:50
Celanese (CE) FY Conference June 05, 2025 11:50 AM ET Speaker0 Thank you and good morning. My name is Dave Begleiter of the U. S. Pembos team here at Deutsche Bank. Next up is the team from Celanese led by Scott Richardson. Scott became CEO January first. He spent over twenty years at Celanese in various roles in Asia and U. S. Driving value and outcomes. So a lot of happiness in Celanese the last couple of years. We'll have Scott make a few brief comments around where they are today. We'll go into the fire ...
Celanese Plans to Divest Micromax Business to Deleverage
ZACKSยท 2025-05-15 16:01
Celanese Corporation (CE) recently announced its plans to divest its Micromax portfolio of products to accelerate its cash generation and deleveraging strategy, its current priority.With regular review of the assets, CE is exploring various opportunities for cash generation, including the divestiture of the Micromax portfolio. Micromax, being a leading supplier of advanced electronic inks and pastes, is expected to generate more than $300 million in revenues in 2025. Its products are known for durability, f ...