Celanese Corporation (CE)
The company now
Celanese reported third-quarter 2026 net sales of $2.6 billion on 2 November, up 6 percent from a year earlier 1. Diluted earnings per share were $0.68 and adjusted earnings per share were $1.65 1. Operating cash flow was $538 million and free cash flow was $461 million 1.
Higher prices drove the sales gain: Acetyl Chain prices rose on regional supply dislocation, Engineered Materials prices rose after pricing actions, and the Micromax sale cut Engineered Materials volume 2. Operating profit was $198 million, against a loss of $1,275 million a year earlier, when write-downs of goodwill and trade names hit the quarter 12.
The company expects full-year 2026 adjusted earnings per share of about $6.00 to $6.25 and free cash flow of $750 to $800 million, chief executive Scott Richardson said 1. Total debt was $11.5 billion at quarter end, down from $12.6 billion at year end 2.
Paying that debt down is the open question, and selling businesses is part of the answer 1. The company expects about $650 million of sale proceeds by year end, toward an aim of about $1 billion by the end of 2027 1.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.