Celanese Corporation · NYSE:CE
Celanese — Investor Day (March 2021)
11 slides from Celanese's investor day presentation, Mar 25, 2021
Slide 1: Wrap Up
Wrap Up Lori Ryerkerk
Slide 2: Keep in mind…
2 Keep in mind… 1 OUR 2023 OUTLOOK IS BASED ON CONTROLLABLE ACTIONS 2 THERE ARE SIGNIFICANT VALUE OPPORTUNITIES BEYOND WHATIS INCLUDED IN OUR 2023 OUTLOOK 3 WE ARE TAKING ACTIONS TODAY TO DELIVER INCREMENTALGROWTH BEYOND 2023
Slide 3: History of sustained growth driven by controllable actions
...driven by controllable actions 2012 2013 2014 2015 2016 2017 2018 2019 2020 Average market capitalization (in billions) Share price 20211 $6.6 $7.9 $9.1 $15.2 $12.1 $9.7 $9.9 $13.2 $14.5 $13.7 3 History of sustained growth... Based on FactSet 12021 share price and average market capitalization fr
Slide 4: Additional growth opportunities
Additional growth opportunities Broad replacement of single-use plastics with sustainable alternatives Acceleration of US, EU, or China infrastructure development Material acetyls curtailment or rationalization activity in China Tow industry rationalization or consolidation Actionability of industry
Slide 5: Real value generated from our business portfolio
Real value generated from our business portfolio Any portfolio change must be part of an opportunity for greater value Diversification Cost Efficiency Natural Hedges Capital Allocation End market diversification Business cycles Oil volatility Complementary capital needs Raw material swings Currency
Slide 6: Disciplined M&A pipeline criteria
Disciplined M&A pipeline criteria Industry Consistently applying criteria to evaluate pipeline of high-return M&A opportunities Financial Industry leadership Competitive cost position Upstream or downstream value creation High synergy opportunities Opportunity to unlock growth Double-digit IRR Comme
Slide 7: Synergistic opportunities leveraging our commercial model, capabilities and product portfolio
Synergistic opportunities that leverage our commercial model, capabilities and product portfolio Broad M&A opportunity set in Engineered Materials Polymers & Materials ApplicationsRegions Capabilities Orthopedic Implants Electrical Energy Storage Renewable Energy Resorbable Pharma Excipient Biopolym
Slide 8: Committed to delivering outsized value creation through strong execution and M&A
Committed to delivering outsized value creation through strong execution and M&A Significant upside with M&A 1 Excess cash generation and cash reserves following dividends and capital expenditures Market Capitalization Growth Outlook (in billions)1 2 3 Outlook assumes 100% of excess cash generation1
Slide 9: Extending our strategic investment horizon
Extending our strategic investment horizon Controllable actions today to deliver value beyond 2023 Adjusted Earnings Per Share 2018 2019 2020 2021F 2022F 2023F 2024F 2025F $7.64 $9.53 $11.00 $8-10 $11-14 Contributors Beyond 2023 (startup within 2023 or after) Startup 2023 2023 2023 2023 2023 Acetyl
Slide 10: How we deliver shareholder value…
How we deliver shareholder value… 3 2 1 4 5 6 10 Multiplying Our Momentum Deliver shareholder value on what we can control Partner with our customers to deliver innovative solutions Expand and flex our commercial optionality Allocate our capital with a disciplined focus on returns Foster a culture o
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