Slide 1: Celanese Q2 2015 Earnings
Celanese Q2 2015 Earnings Thursday, July 16, 2015 Conference Call / Webcast Friday, July 17, 2015 10:00 a.m. Eastern Time © Celanese Mark Rohr, Chairman and Chief Executive Officer Chris Jensen, Senior Vice President, Finance Exhibit 99.3
Slide 2: Forward-looking statements
© Celanese Celanese Corporation 2 This presentation 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 in
Slide 3: Mark Rohr, Chairman and Chief Executive Officer
© Celanese Celanese Corporation 3 Mark Rohr Chairman and Chief Executive Officer
Slide 4: Aligning along two complementary value drivers
© Celanese Celanese Corporation 4 Aligning along two complementary value drivers Acetyl ChainMaterials Solutions Value Creation • Leverage industry-leading integrated technology across a global platform • Support global trade flows • Serve a broad array of customers • Combine broad chemistry & polym
Slide 5: Celanese Corporation Q2 2015 Highlights
© Celanese Celanese Corporation 5 Net sales (in millions) Factors Affecting Net Sales $1,800 $1,200 $600 $0 30% 20% 10% 0% Q2 2014 Q1 2015 Q2 2015 18.6% 24.1% 22.0% $1,769 $1,450 $1,477 Q2 Performance Celanese Corporation Q2 2015 Highlights • Record second quarter adjusted earnings of $1.58 per shar
Slide 6: Materials Solutions Q2 Performance
© Celanese Celanese Corporation 6 Net sales (in millions) Materials Solutions Q2 Performance Factors Affecting Net Sales $800 $600 $400 $200 $0 60% 40% 20% 0% Q2 2014 Q1 2015 Q2 2015 29.6% 34.4% 34.8% $678 $570 $595 Total core income margin YoY Core income highlights • Lower volume in Consumer Speci
Slide 7: Advanced Engineered Materials Q2 Performance
© Celanese Celanese Corporation 7 YoY Segment income highlights • Record base business earnings, excluding affiliates, offset lower equity earnings due to MTBE pricing • Margin expanded as slightly lower pricing and volume was more than offset by lower raw material costs, primarily ethylene • Higher
Slide 8: Consumer Specialties Q2 Performance
© Celanese Celanese Corporation 8 Consumer Specialties Q2 Performance Factors Affecting Net Sales YoY Segment income highlights • Lower volume due to anticipated customer destocking in acetate tow • Price declined on lower tow price • Margin expanded on strategic productivity initiatives, including
Slide 9: Acetyl Chain Q2 Performance
© Celanese Celanese Corporation 9 Acetyl Chain Q2 Performance Factors Affecting Net Sales YoY Core income highlights • Volume declined in acetyls on planned turnaround activity and lower demand in China • Price decreased due to VAM industry conditions in the prior year quarter which did not recur •
Slide 10: Fairway: Clear Lake methanol project update
© Celanese Celanese Corporation 10 Fairway: Clear Lake methanol project update, expected start-up October 1, 2015 Milestone Expectedcompletion Start Steel Erection On time Electrical & Instrumentation Contract On time Erect First Tower On time Control Building Complete On time Reformer Installation
Slide 11: Outlook for remainder of 2015
© Celanese Celanese Corporation 11 Outlook for remainder of 2015 Headwinds • Euro : Dollar exchange rate continues to be lower year-over-year • Potential demand impact from uncertainty in China • Second half impact from expiration of methanol contract Increasing 2015 outlook for adjusted earnings to
Slide 12: Chris Jensen, Senior Vice President, Finance
© Celanese Celanese Corporation 12 Chris Jensen Senior Vice President, Finance
Slide 13: Strong Cash Flow Generation
© Celanese Celanese Corporation 13 Strong Cash Flow Generation • Record Q2 operating cash flow on higher earnings & disciplined working capital management • Ended the quarter with $988 million of cash • Net capital expenditures of $90 million in the quarter • Continue to expect 2015 net capital expe