Celanese
| Celanese Corporation
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | US1508701034 |
| founding | 1918 |
| Seat |
Dallas , Texas , United States
|
| management | Mark C. Rohr ( CEO ) |
| Number of employees | 7,468 |
| sales | 6,802,000,000 US dollars |
| Branch | Chemical industry |
| Website | http://www.celanese.com/ |
| As of December 31, 2014 | |
The Celanese Group is a large chemical company in the United States. This also includes the German Celanese GmbH, one of the successor companies of the former Hoechst group .
history
Celanese was the name for a newly developed synthetic cellulose-based fiber from 1921. Since cellulose was the basic substance of the fiber, it was very light and therefore very suitable for clothing. The name Celanese is made up of "Cel" for cellulosis and "ease" as a term for comfort. The company was founded in New York in 1918 by the Swiss Camille Dreyfus (1878–1956), who previously had the Cellonit Gesellschaft Dreyfus & Co in Basel with his brother Henry Dreyfus (1882–1944) and had a company in Basel during the First World War in 1916 England founded (which was called British Celanese from 1923). They produced cellulose acetate, for example, for films (as a non-flammable replacement for celluloid), paints for airplanes and zeppelins and fibers based on cellulose acetate. The US company was initially called American Cellulose & Chemical Manufacturing Company (Amcelle), renamed Celanese Corporation of America from 1927 and then shortened to Celanese Corp. renamed.
In 1987 the American company merged with Hoechst to form a Hoechst subsidiary in the United States called Hoechst-Celanese . In 1998, in preparation for the merger with Rhône-Poulenc , Hoechst AG merged its activities in the field of basic chemicals, sweeteners and Ticona , which produces technical plastics, into Celanese AG . In 1999, Celanese AG was floated on the stock exchange by a spin-off in which every Hoechst shareholder received one Celanese share for ten Hoechst shares. In 2004, Blackstone took over the majority in the company, only to be listed on the New York Stock Exchange a year later as Celanese Corporation , headquartered in the USA . Blackstone took advantage of the higher valuation of chemical companies in the USA. In 2006 the remaining shareholders of Celanese AG were squeezed out .
Products
Advanced Engineered Materials:
Consumer Specialties:
Industrial Specialties:
- Vinyl acetate / ethylene emulsions (VAE)
- Ethylene vinyl acetate (EVA)
- LDPE
Acetyl Intermediates:
- acetic acid
- Vinyl acetate monomer (VAM)
- Acetic anhydride
- acetaldehyde
- Acetoacetic ester
- formaldehyde
- Acetic acid n-butyl ester
- Ethanol
Business data
The company has locations in North America , Europe and Asia , and there are significant joint ventures in the PRC .
Subsidiaries in Germany include:
- Ticona ,
- Nutrinova , a manufacturer of food additives (sorbic acid, acesulfame ),
- as well as InfraServ Verwaltungs-GmbH , managing partner of the operating companies of four industrial parks :
- Infraserv Höchst ( Höchst Industrial Park ),
- InfraServ Wiesbaden ( Kalle-Albert industrial park ),
- InfraServ Gendorf ( Gendorf Chemical Park ) and
- YNCORIS (InfraServ Knapsack until June 2019) ( Knapsack Chemical Park ).
Bibliography
- ↑ Leadership
- ↑ a b Form 10-K 2014 ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Celanese Corporation decides to initiate squeeze-out for Celanese AG shares , Business Wire on January 4, 2005.
- ↑ About Celanese.
Web links
- Website of Celanese Corporation (Engl.)
- Demerger Report of Hoechst AG and Celanese AG ( Memento from September 27, 2007 in the Internet Archive ) (English; PDF file; 1.30 MB)