Celanese Corporation: Expanding Capacity in Acetyls Chain and Engineered Materials 

In the Q1 2024 earnings, Celanese Corporation addressed a range of issues including their outlook on market trends and company-specific activities. Starting with the macroeconomic outlook, CEO Lori Ryerkerk stated that the environment remains broadly unchanged from previous expectations. Notably, they have not identified any significant positives or negatives in the quarter, with destocking trends appearing to be ending and order books stabilizing. Within specific markets, China’s domestic performance is steady, but exports to Europe and other regions are slowing. Performance in the US is also steady across most sectors, while activity in Europe remains below normal levels. The company expects some recovery in construction, paints, and coatings by the second half of the year.