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Celanese announces quarterly dividend of USD0.68 per share in mid-July

July 15/2021

MOSCOW (MRC) -- Celanese Corporatio,, a global chemical and specialty materials company, has declared a quarterly cash dividend of USD0.68 per share on its common stock, payable August 9, 2021, as per the company's press release.

The dividend is payable to stockholders of record as of July 26, 2021.

As MRC informed previously, earlier this year, Celanese Corporation initiated a capital-efficient expansion of its vinyl acetate monomer (VAM) production unit at the companys world-class chemical industrial park in Nanjing, China in a move to solidify its global VAM capabilities.

This expansion will support the continued growth of its global acetyls business and serve the needs of customers in the Asia region and globally, the company said in its statement.

According to MRC's DataScope report, April EVA imports to Russia rose by 35,63% year on year to 4,090 tonnes from 3,020 tonnes a year earlier, and overall imports of this grade of ethylene copolymer into the Russian Federation grew in January-April 2021 by 20,24% year on year to 14,990 tonnes (12,470 tonnes a year earlier).

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Based in Dallas, Celanese employs approximately 7,700 employees worldwide and had 2020 net sales of USD5.7 billion.
Author:Margaret Volkova
Tags:EVA, copolymer, ethylene, petrochemistry, Celanese, China, USA.
Category:General News
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