Celanese Reports Planned $500M Micromax Portfolio Sale to Element Solutions
Celanese Reports Planned $500M Micromax Portfolio Sale to Element Solutions

Celanese Reports Planned $500M Micromax Portfolio Sale to Element Solutions

News summary

Celanese Corporation's stock has experienced a significant decline, with a 1-year total shareholder return of -67.27%, reflecting ongoing concerns about its financial performance and future growth prospects. The company recently announced the sale of its Micromax® portfolio to Element Solutions Inc for approximately $500 million, aiming to deleverage its balance sheet, with the transaction expected to close in early 2026 pending regulatory approval. Analysts have rated Celanese stock as a Hold with a neutral outlook, highlighting challenges such as declining revenue, profitability issues, and bearish technical momentum. Despite the strategic divestment and cost-cutting efforts, risks remain from weak global demand and inventory challenges, which could undermine the recovery narrative. Institutional investors have adjusted their holdings, with some reducing their positions amid market uncertainty. Overall, while Celanese is taking steps to improve its financial health, the market remains cautious about its near-term prospects and valuation.

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