Celanese Corporation (CE) CEO Lori Ryerkerk on Q1 2022 Results - Earnings Call Transcript

Celanese Corporation (NYSE:CE) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET

Company Participants

Brandon Ayache - Vice President of Investor Relations

Lori Ryerkerk - Chairman of the Board & Chief Executive Officer

Scott Richardson - Chief Financial Officer

Conference Call Participants

Josh Spector - UBS

P.J. Juvekar - Citi

Jeff Zekauskas - JPMorgan.

Vincent Andrews - Morgan Stanley

Mike Sison - Wells Fargo

Ghansham Panjabi - Baird

Mike Leithead - Barclays

Hassan Ahmed - Alembic Global

David Begleiter - Deutsche Bank

Kevin McCarthy - Vertical Research Partner

Matthew DeYoe - Bank of America

Arun Viswanathan - RBC Capital Markets

Laurence Alexander - Jefferies

Aleksey Yefremov - KeyBanc Capital Markets

Matthew Blair - Tudor, Pickering, Holt

Kiesean Riddick - Evercore

Operator

Greetings and welcome to the Celanese's First Quarter 2022 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [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, Daryl. Welcome to the Celanese Corporation first quarter 2022 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 Corporation distributed its first 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 the prepared comments. Form 8-K reports containing all these materials have also been submitted to the SEC. Because we published our prepared comments yesterday, we'll now open the line directly for your questions.

Daryl, please go ahead and open the line for questions.

Question-and-Answer Session

Operator

Thank you. We will now be conducting a question-and-answer session. [Operator Instructions] Our first questions come from the line of Josh Spector with UBS. Please proceed with your questions.