Celanese Corporation: Will Its Cost Optimization & Synergy Realization Be A Potential Game Changer? 

Celanese Corporation’s third-quarter 2024 performance was notably impacted by challenging macroeconomic conditions, leading to results that fell short of expectations. Despite efforts to sustain value creation, the company faced persistent headwinds that necessitated a strategic shift, including the significant decision to temporarily reduce its quarterly dividend starting from the first quarter of 2025. This move, while carefully considered, is intended to support the company’s deleveraging efforts amidst ongoing economic pressures.