Celanese Corporation Increases Dividend 28 Percent and Declares Quarterly Dividend

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Announces Plan to Increase Dividends Over Next Three Years

DALLAS–(BUSINESS WIRE)–
Celanese Corporation (NYSE:CE), a global technology and specialty
materials company, today announced that its board of directors has
approved a 28 percent increase in the company’s quarterly common stock
cash dividend.

The dividend rate increased from $0.36 to $0.46 per share of common
stock on a quarterly basis and from $1.44 to $1.84 per share of common
stock on an annual basis. The new dividend rate will be applicable
immediately.

“We believe that consistently increasing our dividend is integral to
maximizing long term shareholder value. We have increased dividends
significantly over the last several years, distributing $201 million in
dividends in 2016 compared to $43 million in 2012. As a continuation of
this commitment, today we are announcing a plan to increase our cash
dividends by at least an additional 50% cumulatively over a three year
period. Today’s increase is the first of three annual steps to target
dividends paid to our shareholders of $300 million or more in 2019,”
said Mark Rohr, chairman and chief executive officer.

The company also declared a quarterly cash dividend of $0.46 per share
on its Series A common stock, payable on May 11, 2017.

The dividend is payable to stockholders of record as of May 1, 2017.

About Celanese

Celanese Corporation is a global technology leader in the production
of differentiated chemistry solutions and specialty materials used in
most major industries and consumer applications. Our two complementary
business cores, Acetyl Chain and Materials Solutions, use the full
breadth of Celanese’s global chemistry, technology and business
expertise to create value for our customers and the corporation. As we
partner with our customers to solve their most critical business needs,
we strive to make a positive impact on our communities and the world
through The Celanese Foundation. Based in Dallas, Celanese employs
approximately 7,300 employees worldwide and had 2016 net sales of $5.4
billion. For more information about Celanese Corporation and its product
offerings, visit
www.celanese.com
or our blog at
www.celaneseblog.com.

All registered trademarks are owned by Celanese International
Corporation or its affiliates.

Forward-Looking Statements

This release may contain “forward-looking statements,” which include
information concerning the company’s plans, objectives, goals,
strategies, future revenues or performance, capital expenditures,
financing needs and other information that is not historical
information. All forward-looking statements are based upon current
expectations and beliefs and various assumptions. There can be no
assurance that the company will realize these expectations or that these
beliefs will prove correct.
There are a number of risks and
uncertainties that could cause actual results to differ materially from
the results expressed or implied in the forward-looking statements
contained in this release. These risks and uncertainties include, among
other things: changes in general economic, business, political and
regulatory conditions in the countries or regions in which we operate;
the length and depth of product and industry business cycles,
particularly in the automotive, electrical, textiles, electronics and
construction industries; changes in the price and availability of raw
materials, particularly changes in the demand for, supply of, and market
prices of ethylene, methanol, natural gas, wood pulp and fuel oil and
the prices for electricity and other energy sources; the ability to pass
increases in raw material prices on to customers or otherwise improve
margins through price increases; the ability to maintain plant
utilization rates and to implement planned capacity additions and
expansions; the ability to reduce or maintain their current levels of
production costs and to improve productivity by implementing
technological improvements to existing plants; increased price
competition and the
introduction of competing products by other
companies; market acceptance of our technology; the ability to obtain
governmental approvals and to construct and improve facilities on terms
and schedules acceptable to the company; changes in the degree of
intellectual property and other legal protection afforded to our
products or technologies, or the theft of such intellectual property;
compliance and other costs and potential disruption or interruption of
production or operations due to accidents, interruptions in sources of
raw materials, cyber security incidents, terrorism or political unrest
or other unforeseen events or delays in construction or operation of
facilities, including as a result of geopolitical conditions, the
occurrence of acts of war or terrorist incidents or as a result of
weather or natural disasters; potential liability for remedial actions
and increased costs under existing or future environmental regulations,
including those relating to climate change; potential liability
resulting from pending or future litigation, or from changes in the
laws, regulations or policies of governments or other governmental
activities in the countries in which we operate; changes in currency
exchange rates and interest rates; our level of indebtedness, which
could diminish our ability to raise additional capital to fund
operations or limit our ability to react to changes in the economy or
the chemicals industry; and various other factors discussed from time to
time in the company’s filings with the Securities and Exchange
Commission. Any forward-looking statement speaks only as of the date on
which it is made, and the company undertakes no obligation to update any
forward-looking statements to reflect events or circumstances after the
date on which it is made or to reflect the occurrence of anticipated or
unanticipated events or circumstances.

Celanese Corporation
Investor Relations
Surabhi
Varshney, +1-972-443-3078
Surabhi.Varshney@celanese.com
or
Media
Relations – Global

Travis Jacobsen, +1-972-443-3750
William.Jacobsen@celanese.com

Source: Celanese Corporation