Celanese is a leading global producer of value-added industrial chemicals, including acetyl products (acetic acid, vinyl acetate monomer, polyacetal products) and high-performance engineered polymers. The company's products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia.
The company has four major businesses: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl Intermediates.
Products from Celanese serve a diverse set of end-use applications including paints and coatings, textiles, automotive applications, consumer and medical applications, performance industrial applications, filter media, paper and packaging, chemical additives, construction, consumer and industrial adhesives, and food and beverage applications.
In 2013, Celanese reported revenue of $6.5 billion and net income of $1.1 billion.
45% of the company's employees are in North America with 43% in Europe and 11% in Asia.
1912 Henri Dreyfus, who was working for Hoffmann La Roche at the time, asks the entrepreneur Alexander Clavel-Respinger for financial support and assistance in the production of fireproof celluloid out of cellulose acetate. On December 28, 1912, Clavel, along with Henri and his brother Camille set up "Cellonit Gesellschaft Dreyfus & Co." in Basle.
1913 The company "Cellonit" is established. Cellonit contributes greatly to the development of new film materials and finds a sponsor in the Parisian film industrialist Pathe. The product line is diversified to include paints for German airplanes and Zeppelins.
1916 The British government invites the Dreyfus brothers to Britain to produce their new airplane paint, along with the intermediate product acetic acid, which was being imported from Canada at the time due to World War I. The British Government patented the process developed by Henri Dreyfus, which lowered the costs of acetic acid anhydride production. "British Cellulose & Chemical Manufacturing Co." is set up. Henri Dreyfus manages the company with a workforce of 14,000.
1918 Under the guidance of Camille Dreyfus, "The American Cellulose & Chemical Manufacturing Company" (known as "Amcelle" for short), is founded in New York. The company commences building a production facility in Cumberland, MD.
1918 The company gets into difficulties when all its paint contracts are cancelled after World War I. The Dreyfus brothers concentrate on the production of acetate fibers. "British Cellulose & Chemical Manufacturing Co." changes its name to "British Celanese Limited.
1921 British Celanese begins commercial production of acetate yarn, taking advantage of a number of its new inventions, ranging from the technique used to spin thread to the treatment of dyed fibres. This change in direction ensures the company's survival.
1927 The American Cellulose & Chemical Manufacturing Co. changes its name to "Celanese Corporation of America". The company, which will move on to produce plastics and chemicals, as well as fibers, will become one of the largest chemicals manufacturers in the country.
1930 Celanese Corporation of America commences trading on the New York Stock Exchange.
December 2003 Blackstone Capital Partners announces intention to launch a voluntary public offer to acquire all of the outstanding shares of Celanese AG.
November 2004 - Blackstone Crystal Holdings Capital Partners (Cayman) IV Ltd. (the controlling legal entity of Celanese subsequent to the successful takeover of Celanese AG by Blackstone) changes its name to Celanese Corporation. Celanese Corp. is headquartered in Dallas, Texas, and is the parent company of Celanese's North American operations and Celanese AG. Henceforth Celanese AG is the holding company for Celanese's European operations and most of its Asian activities.
Family Protection Plans/Life Insurance
Health Care Spending Account
Day Care Spending Account
Salary Continuation (Short Term Disability)
Long Term Disability
Retirement Savings Plan
Retirement Pension Plan
Family Care Leave
Child Care Resource and Referral Program
Adoption Assistance Program
Employee Assistance Program(EAP)
Military Leave: Reserve/National Guard
Military Leave: Involuntary Call-Up
Additional Voluntary Benefits
Updated September 17, 2014