Celanese traded at $60.56 this Wednesday February 11th, increasing $2.24 or 3.84 percent since the previous trading session. Looking back, over the last four weeks, Celanese gained 32.69 percent. Over the last 12 months, its price fell by 8.93 percent. Looking ahead, we forecast Celanese to be priced at 53.20 by the end of this quarter and at 48.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Celanese Corporation (Celanese) is a technology and specialty materials company. The Company's segments include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates and Other Activities. The Advanced Engineered Materials segment includes the Company's engineered materials business and certain affiliates. The Consumer Specialties segment includes the Company's cellulose derivatives and food ingredients businesses, which serve consumer-driven applications. The Industrial Specialties segment includes the Company's emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses. The Acetyl Intermediates segment includes the Company's intermediate chemistry business, which produces and supplies acetyl products, including acetic acid, vinyl acetate monomer (VAM), acetic anhydride and acetate esters. The Company has operations in North America, Europe and Asia. As of December 31, 2016, the Company had 30 global production facilities.