CP50: Celanese Corp.
Celanese Corp., a $6.4 billion global integrated chemical company which traces its history back to 1912 and became a publicly traded company on the New York Stock Exchange January 2005, manufactures products found in consumer and industrial applications. The company has manufacturing facilities in North America, Europe and Asia. According to the company, it is one of the world's largest producers of acetyl products, which are intermediate chemicals for nearly all major industries, as well as a leading global producer of high performance engineered polymers that are used in a variety of high-value end-use applications.
Celanese attributes its success to proprietary production technology. Its production of acetyl products employs industry leading proprietary and licensed technologies, including its own AO Plus acid-optimization technology for the production of acetic acid and VAntage vinyl acetate monomer technology. AO Plus enables plant capacity to be increased with minimal investment, while VAntage enables significant increases in production efficiencies, lower operating costs and increases in capacity at 10% to 15% of the cost of building a new plant.
Based in Dallas, the company employs approximately 8,400 employees worldwide.
Mark C. Rohr
Chairman and CEO
Mark C. Rohr was named by the Celanese Board of Directors in November 2011 to succeed David Weidman who officially retired April 2, 2012.
Rohr, a member of Celaneses Board of Directors since 2007, previously held the positions of chief executive officer and chairman of Albemarle Corporation, as well as executive chairman of its Board. He will be based at Celaneses corporate headquarters in Dallas, Texas.
Christopher W. Jensen
Senior Vice President, Finance
Jensen has served as senior vice president, finance for Celanese Corporation since 2010. He has global responsibility for treasury, tax, accounting, SEC reporting, financial planning and analysis, internal audit and financial shared services. Prior to his current role, Jensen progressed through several Celanese roles including vice president of finance and treasurer, and vice president and corporate controller.
Jay C. Townsend
Townsend has been an executive officer and senior vice president for Celanese since 2005. He is currently responsible for the following global functions: strategy and business development, mergers and acquisitions, procurement, logistics, and is president of the advanced fuels business.
For the latest financial reports, visit: http://www.celanese.com/index/ir_home.html