Celanese Corporation

Celanese Corporation and VIGOR Precision Ltd. have signed a strategic partnership agreement to develop and commercialize lightweight plastic joint solutions for humanoid robots. Under the agreement, Celanese will supply VIGOR with targeted high-performance plastic materials and technical support, aiming to reduce joint module weight by more than 30 percent by replacing traditional metals. The partnership focuses on overcoming technical challenges in high strength, temperature resistance, precision transmission, and dimensional accuracy. VIGOR CEO Hoi-sang Chan and Celanese Senior Vice President Todd Elliott attended the signing ceremony at Celanese's Shanghai Commercial and Technology Center.

Celanese reported that the Amsterdam District Court dismissed damages claims in a major legal dispute, removing a significant legal overhang. The ruling dismissed claims brought by Shell Chemicals Europe B.V. and parties represented by Stichting Ethylene Claims, eliminating potential financial liability linked to a high-profile European Commission settlement. The decision simplifies the risk picture for Celanese, which recently reported Q2 2026 sales of US$2,752 million and net income of US$125 million, compared with US$2,532 million and US$197 million a year earlier. The stock closed at US$43.89 and has seen pronounced volatility, with the share price down over 60% across the past three years and over 70% across five years.

Celanese Corp. reported a drop in second-quarter profit. Net earnings fell to $125 million, or $1.13 per share, from $197 million, or $1.80 per share, a year earlier. Adjusted earnings rose to $2.45 per share from $1.43 per share last year. Net sales increased to $2.75 billion from $2.53 billion, reflecting a 4% increase in volume and a 14% increase in price. For the third quarter, Celanese expects adjusted earnings of $1.35 to $1.75 per share, and it continues to expect full-year adjusted earnings of about $6.00 per share.

The Amsterdam District Court has dismissed in their entirety the damages claim brought by Shell Chemicals Europe and a declaratory judgment claim from certain Repsol entities against Celanese and its co-defendants. Both claims arose from follow-on litigation related to a 2020 settlement with the European Commission over past ethylene purchases in North-Western Europe. Celanese stated that the decisions confirm its position that the claimants are not entitled to recover damages and that it will continue to defend against remaining claims in Dutch and German courts.

Celanese Corporation declared a quarterly cash dividend of $0.03 per share on its common stock. The dividend is payable on August 10, 2026, to stockholders of record as of July 28, 2026. Celanese is a global chemical and specialty materials company with 2025 net sales of $9.5 billion.

Turtle Creek Asset Management highlighted Celanese Corporation as having a significant competitive edge due to its disproportionate use of low-cost U.S. natural gas in production, according to the firm's first-quarter 2026 investor letter. Celanese, a global specialty chemical and materials company, was the portfolio's largest detractor after reporting weaker-than-expected EBITDA and EPS, yet it continued to generate substantial free cash flow. Turtle Creek noted that higher global feedstock costs, such as natural gas, amplify Celanese's advantage. The stock closed at $51.23 on June 17, 2026, with a market capitalization of $5.62 billion, and 49 hedge funds held the name at quarter-end, up from 42 in the prior quarter.

Celanese Corporation has partnered with Siegwerk to increase the supply of sustainable solutions in the printing ink value chain. The collaboration uses Celanese's bio-based ethyl acetate, which contains 50% renewable content, as a drop-in solution in Siegwerk's existing ink formulations to support its SustainUP program under the HorizonNOW 2030 sustainability strategy. The partnership aims to reduce environmental impact while maintaining performance standards and advancing circular solutions in a practical and scalable way. Celanese shares have lost 4.5% over the past year against the industry's 8.7% growth.