Celanese Corp (FRA:DG3)
€ 83.34 -31.51 (-27.44%) Market Cap: 9.14 Bil Enterprise Value: 20.59 Bil PE Ratio: 9.15 PB Ratio: 1.37 GF Score: 82/100

Celanese Corp To Sell Its 45 Percent Equity Investment In The Polyplastics Joint Venture To Daicel Corp - M&A Call Transcript

Jul 20, 2020 / 05:00PM GMT
Release Date Price: €77.5 (-1.90%)
Operator

Greetings, and welcome to the Celanese Webcast Conference Call. (Operator Instructions) Please note, this conference call is being recorded.

I would now like to turn the conference over to your host, Mr. Abe Paul. Thank you. You may begin.

Abraham Paul
Celanese Corporation - VP of IR

Thank you, Rob. Welcome to the Celanese Corporation Conference Call to Discuss the Agreement to Sell our Equity Investment in the Polyplastics Joint Venture to Daicel Corporation. My name is Abe Paul, Vice President of Investor Relations.

Joining us on the call today will be Lori Ryerkerk, Chairman and Chief Executive Officer; Tom Kelly, Senior Vice President, Engineered Materials; and Scott Richardson, our Chief Financial Officer. The Polyplastics joint venture equity investment press release was distributed via Business Wire last night and posted on our Investor Relations website, along with the slides.

As a reminder, some of the matters discussed today and included in our presentation may include forward-looking statements concerning, for example,

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