) said that it will feature its highly-diversified product range
at the K Trade Fair (K 2013) scheduled to be held in Dusseldorf,
Germany, in Oct 2013. The company's solutions are geared to aid
in driving innovation in mobility, water, energy and
infrastructure, healthcare and consumer products.
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Celanese will showcase its material solutions, at the K Trade
Fair, under the theme "Celanese - The chemistry inside
innovation". Ticona, the company's engineering polymers business,
has a rich history of featuring innovative products and
applications at the K Trade Fair.
Visitors at K 2013, will have an opportunity to witness a
comprehensive range of Celanese offerings - from advanced
materials to consumer specialty products - which have leading
positions in industries it serves globally.
Products to be displayed are Ticona engineering polymers
including Celanex thermoplastic polyester (PBT),
Celstran/Factor/Compel long fiber reinforced thermoplastics
(LFRT), Celstran CFR-TP and Fortron polyphenylene sulfide (PPS);
Clarifoil thermoform film; emulsion polymers; EVA performance
polymers, and Acetate Products.
Celanese is among the world's largest producers of acetyl
products as well as the leading global producer of
high-performance engineered polymers.
Celanese's first-quarter 2013 adjusted earnings, reported on Apr
18, outpaced the Zacks Consensus Estimate, but sales missed the
expectations. While Celanese envisions challenging economic
conditions to sustain, it expects earnings to rise on the
back of company-specific initiatives.
Celanese has taken up cost-cutting measures and the necessary
steps to run its plants better to counter weak demand. It is
aggressively expanding capacity in the emerging Asian markets.
The company's expansion initiatives in China are expected to
support earnings growth.
Celanese currently carries a Zacks Rank #3 (Hold).
Other companies in the chemical industry worth considering are
Cytec Industries Inc.
). All of them hold a Zacks Rank #2 (Buy).