Celanese named ICIS Company of the Year
LONDON and NEW YORK, 19 September 2019 /PRNewswire/ — US-headquartered Celanese has been named ICIS Company of the Year, based on analysis of 2018 financial metrics.
“Celanese performed particularly well in the ICIS analysis, having generated strong financial metrics in 2018,” said Nigel Davis, Insight Editor at ICIS. “It was a good year for many players, although it soured towards the end. And there were a number of stand-out product chains that underpinned performance of the ICIS Top 100 Chemical Companies.”
“Celanese achieved record adjusted earnings per share in 2018, driven by robust profitability in its acetyl chain segment, as well as impressive performance in its engineered materials segment as it accelerated product launches,” said Joseph Chang, Global Editor, ICIS Chemical Business. Scott Richardson, Celanese chief financial officer, said: “Our most recent fiscal year saw strong performance as a result of customer and employee engagement, product and solutions- based innovation, and commercial excellence. We are pleased with the achievements we have delivered through a focus on these underlying business fundamentals.”
Click here to download the ICIS Company of the Year article, along with the ICIS Top 100 Chemical Companies listing and the ICIS Regional Leaders.
Related links
ICIS: https://www.icis.com/explore/
ICIS Top 100 Chemical Companies: https://www.icis.com/explore/resources/icis-top-100-chemical-companies/
ICIS Regional Leaders: https://www.icis.com/explore/resources/icis-regional-leaders-2019/
About ICIS
ICIS is a trusted source of global commodity intelligence for the energy, chemical and fertilizer industry. We are a division of RELX, a FTSE 15 company with a market cap of £39.3 billion and an employee base of over 30,000 experts across 40 countries.
At ICIS, we help businesses make strategic decisions, mitigate risk, improve productivity, and capitalise on new opportunities. We make some of the world’s most important markets more trusted and predictable by providing data services, thought leadership and decision tools. As a result of our unmatched global presence, we can deliver targeted connected intelligence to influence thousands of decisions across supply chains every single day. We shape the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo, and Perth.
About RELX
RELX Group is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 30,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. The market capitalisation is approximately £39.3bn, €45.7bn, $54bn.
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