Celanese Corporation (NYSE:CE) Q3 2023 Results Conference Call November 7, 2023 10:00 AM ET

Company Participants

Brandon Ayache - Vice President of Investor Relations

Lori Ryerkerk - Chairman and Chief Executive Officer

Scott Richardson - Chief Financial Officer

Conference Call Participants

Michael Leithead - Barclays

Jeffrey Zekauskas - JPMorgan Chase & Co

Michael Sison - Wells Fargo Securities

Joshua Spector - UBS

Vincent Andrews - Morgan Stanley

David Begleiter - Deutsche Bank AG

Kevin McCarthy - Vertical Research Partners

Hassan Ahmed - Alembic Global Advisors

Aleksey Yefremov - KeyBanc Capital Markets

Frank Mitsch - Fermium Research

Arun Viswanathan - RBC Capital Markets

Laurence Alexander - Jefferies

Salvador Tiano - Bank of America

Andrew Keches - Barclays

Patrick Cunningham - Citigroup

John Roberts - Mizuho

Operator

Hello, and welcome to the Celanese Q3 2023 Earnings Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to turn the call over to Brandon Ayache, Investor Relations. Please go ahead.

Brandon Ayache

Thanks, Kevin. Welcome to the Celanese Corporation Third Quarter 2023 Earnings Conference Call. My name is Brandon Ayache, Vice President of Investor Relations. And with me today on the call are Lori Ryerkerk, Chairman of the Board and Chief Executive Officer; and Scott Richardson, Chief Financial Officer.

Celanese distributed its third quarter earnings release via Business Wire and posted prepared comments on our Investor Relations website yesterday afternoon. As a reminder, we will discuss non-GAAP financial measures today. You can find definitions of these measures as well as reconciliations to the comparable GAAP measures on our website.

Today’s presentation will also include forward-looking statements. Please review the cautionary language regarding forward-looking statements, which can be found at the end of both the press release as well as the prepared comments. Form 8-K reports containing all of these materials have also been submitted to the SEC.

Before opening it up for your questions, let me turn it over to Lori to provide a few introductory comments.

Lori Ryerkerk

Thanks, Brandon. So we have done and announced a lot recently. So I just wanted to take a minute or two to emphasize again exactly what we are all working so hard to achieve at Celanese.

I can confidently say that at no point in our history, has there been a greater opportunity for Celanese to deliver significant earnings growth as in the next few years. In the Acetyl Chain, we continue to enhance our earnings power and optionality with projects like the acetic acid expansion at Clear Lake, and the methanol expansion also at Clear Lake which will dramatically strengthen our sustainable product offerings.