Celanese Achieves Circularity Milestone for POM ECO-C Grades

Celanese Corporation CE has achieved Carbon Footprint Certification from the International Sustainability & Carbon Certification (ISCC) system for its Hostaform and Celcon POM ECO-C grades at production sites in Frankfurt, Germany, and Bishop, TX. The certified facilities enable customers to reduce carbon footprints and meet their sustainability goals.

Celanese’s efforts to transition to a circular economy are underlined by this achievement. The certification arrived following a major investment in Carbon Capture and Utilization (CCU) technology at its Clear Lake, TX facility as a part of its Fairway Methanol joint venture with Mitsui & Co., Ltd.

The certification serves as a hallmark of carbon footprint reduction, high stiffness, thermal stability, sliding performance, and wear resistance. The CCU process captures CO2 emissions and converts them into methanol, reducing fossil-based inputs without compromising material performance.

Product Carbon Footprint letters via CE’s digital assistant for advanced material selection and support, AskChemille.com, also complements its sustainability-driven efforts by delivering greater transparency, informed decision-making and awareness of Greenhouse Gas emissions.

CE’s shares have slumped 40.8% over the past year compared with the industry’s 10.4% decline.

CE’s Zacks Rank & Key Picks

CE currently carries a Zacks Rank #4 (Sell).

Some better-ranked stocks in the Basic Materials space are Kinross Gold Corporation KGC, Fortuna Mining Corp. FSM and Harmony Gold Mining Company Limited HMY.

At present, KGC sports a Zacks Rank #1 (Strong Buy), while FSM and HMY carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for KGC’s current-year earnings is pegged at $1.67 per share, indicating a rise of 145.59%. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing it in one, with an average surprise of 17.37%. KGC’s shares have risen 164.5% over the past year.

The Zacks Consensus Estimate for FSM’s current fiscal-year earnings is pinned at 76 cents per share, indicating a 65.22% year-over-year increase. Its shares have surged 85.5% over the past year.

The Zacks Consensus Estimate for HMY’s 2026 earnings is pegged at $2.68 per share, indicating a 111.02% year-over-year increase. HMY’s shares have gained 103.6% over the past year.

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This article originally published on Zacks Investment Research (zacks.com).

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