Fly News Breaks for January 7, 2020
Jan 7, 2020 | 06:47 EDT
Citi analyst P.J. Juvekar downgraded Celanese to Neutral from Buy. The bulk of the improvements management has executed are now reflected in the company's margins and share price, Juvekar tells investors in a research note. For 2020, the analyst continues to like Paints and Industrial Gases due to their "resilient business models," and he remains positive on a bounce back in Agriculture.
News For CE From the Last 2 Days
Sep 23, 2021 | 18:00 EDT
Celanese announced that it has lifted force majeure for the following products in the Western Hemisphere: Acetic Acid; Ethyl Acetate; Acetic Anhydride; Methyl Acetate; Dimethylamine and Trimethylamine; Methyl Isobutyl Carbinol and Methyl Isobutyl Ketone; and Paraformaldehyde. Celanese declared force majeure on February 18 due to the impacts of extreme winter weather on its operations and supply chain in the U.S. Gulf Coast.