Celanese Board Member Scott Sutton Resigns to Become CEO of Rayonier Advanced Materials
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Source: Newsfilter
- Board Transition: Scott Sutton's resignation from the Celanese Board to become CEO of Rayonier Advanced Materials highlights his industry influence and leadership capabilities, which may impact Celanese's strategic direction moving forward.
- Management Support: Celanese CEO Scott Richardson expressed gratitude for Sutton's contributions, emphasizing the Board's critical role in overseeing management's aggressive actions, indicating confidence in the company's ongoing efforts to create shareholder value.
- Strategic Execution: During his tenure, Sutton drove cash flow growth and deleveraging initiatives, demonstrating substantial progress in cost improvements and positioning for top-line growth, which may lay the groundwork for future financial stability.
- Commitment to Sustainability: Celanese underscores its efforts in sustainable product offerings and social responsibility, showcasing the company's leadership position in the industry and its keen insight into future market demands.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CE
Wall Street analysts forecast CE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CE is 54.78 USD with a low forecast of 43.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 45.440
Low
43.00
Averages
54.78
High
75.00
Current: 45.440
Low
43.00
Averages
54.78
High
75.00
About CE
Celanese Corporation is a global chemical and specialty materials company. The Company is a global producer of engineered polymers that are used in a variety of applications. Its segments include Engineered Materials and the Acetyl Chain. The Company's Engineered Materials segment includes the engineered materials business and certain strategic affiliates. The Engineered Materials business develops, produces and supplies a broad portfolio of high-performance specialty polymers for automotive and medical applications, as well as industrial products and consumer electronics. The Company's Acetyl Chain segment includes the integrated chain of acetic acid, vinyl acetate monomer (VAM), acetic anhydride, acetate esters, emulsion polymers, ethylene vinyl acetate (EVA) polymers, redispersible powders (RDP), and acetate tow businesses. The Acetyl Chain business produces and supplies acetyl products, including acetic acid, VAM, acetic anhydride and acetate esters.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Celanese Corporation (NYSE: CE) Announces Price Increase for Polyamide Products Effective February 1, 2026
- Price Announcement: Celanese has announced a price increase for polyamide products due to rising energy and feedstock costs, with effective increases of $0.25/kg for Polyamide-6 and $0.20/kg for Polyamide-6,6 starting February 1, 2026, aimed at alleviating cost pressures and maintaining profitability.
- Regional Supply Chain Advantage: In the current dynamic market environment, Celanese is well-positioned to support customer needs through its regional supply chains and manufacturing capabilities, ensuring product supply stability and enhancing customer trust and market competitiveness.
- Sustainability Commitment: Celanese is committed to sustainability by responsibly managing materials and expanding its portfolio of sustainable products to meet customer and societal demands, further enhancing its brand image and market recognition.
- Company Scale and Impact: As a Fortune 500 company, Celanese employs over 11,000 people globally, with projected net sales of $10.3 billion in 2024, demonstrating its strong market position in the chemicals and specialty materials sector.
Continue Reading
Celanese Corporation (NYSE:CE) Announces Price Increase for Polyamide Products Effective February 2026
- Price Increase Rationale: Celanese announces a price increase for polyamide products due to rising energy and feedstock costs, with increases of $0.25/kg in the Americas and €0.25/kg in EMEA, demonstrating the company's responsiveness to market dynamics.
- Implementation Timeline: The price adjustments will take effect on February 1, 2026, or as contracts allow, indicating the company's flexibility in contract management to adapt to market changes.
- Product Range: The price increase applies to various polyamide products, including Zytel®, Frianyl®, and Celanyl®, reflecting the company's extensive influence and product diversity across multiple market segments.
- Company Overview: Celanese is a global leader in specialty materials and chemicals, with projected net sales of $10.3 billion in 2024, showcasing its strong market position and commitment to sustainability.
Continue Reading