Celanese Corporation (CE) CEO Lori Ryerkerk on Q2 2022 Results - Earnings Call Transcript

Celanese Corporation (NYSE:CE) Q2 2022 Results Conference Call July 29, 2022 10:00 AM ET

Company Participants

Brandon Ayache - VP, IR

Lori Ryerkerk - CEO, Chairman of the Board

Scott Richardson - CFO

Conference Call Participants

Vincent Andrews - Morgan Stanley

Arun Viswanathan - RBC Capital Markets

David Begleiter - Deutsche Bank

Ghansham Panjabi - Baird

Hassan Ahmed - Alembic Global

Jeff Zekauskas - JP Morgan

John Roberts - Credit Suisse

Josh Spector - UBS

Kevin McCarthy - Vertical Research Partners

Kiesean Riddick - Evercore ISI

Matthew DeYoe - Bank of America

Matthew Blair - TPH

Mike Leithead - Barclays

Michael Sison - Wells Fargo

P.J. Juvekar - Citi

Operator

Greetings, and welcome to the Celanese Second Quarter 2022 Earnings Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the call over to Brandon Ayache, Vice President of Investor Relations. Thank you. You may begin.

Brandon Ayache

Thank you, Darrel. Welcome to the Celanese Corporation Second Quarter 2022 Earnings Conference Call. My name is Brandon Ayache, Vice President of Investor Relations. With me today on the call are Lori Ryerkerk, Chairman of the Board and Chief Executive Officer; and Scott Richardson, Chief Financial Officer.

Celanese Corporation distributed its second quarter earnings release via Business Wire and posted prepared comments about the quarter 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 the press release as well as prepared comments. Form 8-K reports containing all of these materials have also been submitted to the SEC. Because we have published our prepared comments yesterday, we'll now open -- now turn the call over to Lori for some introductory comments.

Lori Ryerkerk

Thanks, Brandon, and thanks to everyone joining us on the call today. Given the macro uncertainty of the world right now, I wanted to take a few minutes to set the tone for this call and reemphasize the priorities we have as a company. As we prepared the earning materials we put out yesterday, I tried to emphasize 2 long-time qualities of Celanese and its employees, and I want to reemphasize them today. Number one, we are fully committed to our objectives. And number two, we are focused on executing on those things that we can control.