Earnings release
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Exhibit 99.1 Celanese Celanese Corporation Reports Second Quarter 2021 Earnings ; Raises Full Year Financial Outlook Celanese Corporation 222 West Las Colinas Blvd. Suite 900N Irving , Texas 75039 1 Dallas , July 22 , 2021 : Celanese Corporation ( NYSE : CE ) , a global chemical and specialty materials company , today reported second quarter GAAP diluted earnings per share of $ 4.81 , the second highest in the Company's history , and highest - ever adjusted earnings per share of $ 5.02 . The Company reported record net sales of $ 2.2 billion for the quarter with sequential pricing and volume increases of 18 percent and 4 percent , respectively . Actions over the past year , including accelerated turnarounds as well as enhanced sourcing and commercial flexibility , positioned the Company to meet elevated post - pandemic demand in 2021 and to deliver record performance during the second quarter . Engineered Materials and the Acetyl Chain successfully offset continued raw material inflation to drive consolidated operating profit of $ 567 million and adjusted EBIT of $ 691 million . The recently announced acquisition of SantopreneTM and ongoing capital projects within the Acetyl Chain and Engineered Materials position the Company to further raise its future base earnings and deliver sustained shareholder value . During the quarter , the Company returned $ 326 million of cash to shareholders in the form of share repurchases and dividends .