Celanese Corporation is a prominent specialty materials company, specializing in the production, marketing, and distribution of value-added chemical products. Founded in 1999, its headquarters are in Irving, Texas, and it operates through four key segments: Advanced Engineered Materials, Acetyl Intermediates and Derivatives, Engineered Polymers, and Materials Solutions.
The company's removal from the S&P 500 in 2025 can be attributed to several factors. Firstly, Celanese underwent a significant restructuring in 2023, which involved selling non-core assets and focusing on core businesses. This strategic shift resulted in a decrease in revenue and profitability, negatively impacting the company's overall performance.
Secondly, Celanese faced heightened competition from other specialty materials companies, particularly in the advanced engineered materials and engineered polymers segments. This competitive pressure squeezed the company's margins and market share, further contributing to its removal from the index.
Lastly, Celanese experienced a decline in demand for some of its products, particularly in the automotive and construction industries, which were affected by economic uncertainties and geopolitical tensions. This drop in demand led to a decrease in revenue and profitability, ultimately playing a role in the company's removal from the S&P 500.