Celanese Corp Class A
CE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$846.00 | Bcfnhvh | Cwrdbkdqb |
Celanese Earnings: Favorable Price-Cost Dynamic Drives 2024 Acetyl Chain Profit Growth
Celanese's first-quarter results showed that demand was recovering in line with our outlook for the cadence of the year. In the commodity chemicals acetyl chain business, volumes rose 11% versus the prior-year quarter, following inventory destocking that weighed on the first quarter of 2023.