Celanese AG
Key facts
German Stock Exchange ticker: CZZ
NYSE ticker: CE
OTC ticker: CZLNF
No. employees: 8900
Turnover: 6,656,000,000 (USD)
Financial year end: December
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Company overview
Celanese AG involves the European chemical businesses of Celanese Corporation. The company’s business involves processing chemical rawmaterials, such as ethylene and propylene,
and natural products, including natural gas and wood pulp, into value-added chemicals and chemical-based products. Celanese primarily operates in the North America, Europe, Asia and South and Central America. The company is headquartered in Kronberg im Taunus, Germany and employs about 8,900 people.
The company recorded revenues of $6,656 million during the fiscal year ended December 2006, an increase of 10.3% over 2005. The operating profit of the company was $747 million during fiscal year 2006, an increase of 30.4% over 2005. The net profit was $406 million in fiscal year 2006, an increase of 46.6% over 2005.
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