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  • CELANESE CORP DEL Profile

    Celanese Corporation's primary operations include the manufacture of building block chemicals like acetic acid and vinyl acetate monomers (VAM). With Canadian acetyls maker Acetex as a subsidiary, it is the world's largest acetyls manufacturer. Those chemicals are used in everything from paints and inks to agricultural products and chewing gum. Two-thirds of the company's sales come from the US and Germany. Celanese Corporation was created in 2004 by the Blackstone Group, which had acquired a majority share in Celanese AG, turned it private, and then flipped it in a 2005 public offering. Blackstone finally divested its remaining holdings in Celanese in 2007.
    David N. Weidman
    CEO
    1601 W. LBJ Fwy.

    Dallas, TX 75234-6034

    http://www.celanese.com

    Phone: 972-443-4000

    Fax: 972-443-8555
    Sector: Basic Materials Industry: Chemicals
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $6,444,000,000 -3.2% $426,000,000 8,400
  • Key Executives: CE

    Name Title Officer Since
    David N. Weidman CEO 12/1/04
    Steven M. Sterin CFO -
    Curtis S. Shaw General Counsel -
    Lyndon E. Cole Executive VP -
    John J. Gallagher, III Executive VP -
    Sandra Beach Lin Executive VP -
    Douglas M. Madden Executive VP -
    Miguel A. Desdin Vice President -
  • Top Competitors: CE

  • Insider Trends: CE

    Sentiment for CE is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: CE

    Date Name Shares Transaction Type Market Value
    07/24/08 SHAW CURTIS S 50,000 Planned Sale $2.00 M
    07/24/08 SHAW CURTIS S 50,000 Sale $1.97 M
    07/24/08 SHAW CURTIS S 50,000 Exercise of Stock Options $810,605.00
  • Ownership Breakdown : CE

    Large Block Holder Type Number  
    Institutions 391.00
     
    Mutual Fund 768.00
    Other Major 16.00
  • Short Interest Volume: CE

    Data as of 7/28/08
    Current Short Interest Shares 3.06 M
    Current Short Interest Ratio 1.10
    Float 149.37 M
    Short Interest as % of Float 2.10
    Average Daily Volume 2.38 M
    Outstanding Shares 150.15 M