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Stock impact report

Formaldehyde Market Forecasts from 2024 to 2029: Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis [Yahoo! Finance]

Celanese Corporation Celanese Corporation (CE) 
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.celanese.com
Company Research Source: Yahoo! Finance
The global formaldehyde market is expected to grow at a compound annual growth rate of 5.46% during the forecast period. North America is one of the oldest regions that has benefitted from Hexion Inc.'s technological advancement in formaldehyde-based products, especially resins for the forest products industry. The company further stated that it has large stakes in the areas of Latin America, Australia, New Zealand, and Europe. One of the key chemicals the company deals with is formaldehyde-based resins, which are used as an adhesive and a binder when manufacturing various engineered lumber products. They are medium-density fiberboard, particle board, oriented strand board, different forms of plywood, and laminated veneer lumber, among others. Construction and furniture industries are some of the areas that have used the product in their construction and remodeling activities. Moreover, the company has formaldehyde as one of the key raw materials for producing chemicals and produ Show less Read more
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