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Celanese (CE) to Exhibit Latest Trends at MD&M Conference

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Celanese CorporationCE will exhibit the latest trends in medical plastics at the 2015 Medical Device & Manufacturing (MD&M) Conference in Philadelphia, PA.

At the conference, Celanese will discuss its methods of developing new product opportunities to provide innovative polymer solutions that meet the changing needs of medical devices makers. The company's field development engineer, Don DeMello, will discuss its latest medical technology innovation, Hostaform MT SlideX POM. He will also state how this product provides improved comfort to the patients and is easier to use for the complex medical devices. This is valuable to the original equipment manufactures as well as the patients.

In the second quarter of 2015, Celanese's adjusted earnings topped the Zacks Consensus Estimate, aided by healthy margins in the Materials Solutions business. Revenues, however, fell by double digits and missed expectations. The company raised its adjusted earnings forecast for 2015.

The company is confident that it can drive performance through the rest of 2015 despite currency headwinds and a challenging macro environment, especially the recent volatility in China. Celanese expects to offset these headwinds with strong operating performance across all its segments and higher productivity gains.

Celanese currently carries a Zacks Rank #2 (Buy).

Some other favorably ranked stocks in the chemical space include Koppers Holdings Inc. KOP , Arkema S.A. ARKAY and Air Products & Chemicals Inc. APD . While Koppers and Arkema sport a Zacks Rank #1 (Strong Buy), Air Products carries a Zacks Rank #2.

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AIR PRODS & CHE (APD): Free Stock Analysis Report

CELANESE CP-A (CE): Free Stock Analysis Report

KOPPERS HOLDNGS (KOP): Free Stock Analysis Report

ARKEMA-ADR (ARKAY): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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