CE news

Celanese Corporation announced the election of veteran industry leader Luis Fernandez-Moreno to its Board of Directors. This appointment bolstered the company's leadership structure as it continues to advance strategic priorities and create shareholder value.

Centrus Energy agreed to sell 500,000 shares of Class A common stock and purchase warrants for up to 9 million additional shares. This underwriting agreement is significant for the company's ability to raise capital.

Celanese reported stronger-than-expected adjusted EPS of $2.45 for Q2 2026, driven by growth across Engineered Materials and the Acetyl Chain. Net sales climbed 18% sequentially. The company continued to implement strategic initiatives focused on cost savings and operational efficiency.