Celanese Corporation (CE)
About Celanese Corporation
The Celanese Corporation is a Fortune 500 company, the 13th largest chemical company in the U.S., with annual revenues exceeding $6 billion.
It may not mean much to say that the Celanese Corporation is the world's largest producer of acetyl products, but consider that acetyl is used in everything from paints and inks to agricultural products, chewing gum, aspirin and vinegar.
In addition to acetic acid, Celanese Corporation's Chemical Products segment produces and supplies vinyl acetate and performance chemicals, such as emulsions and polyvinyl alcohol, primarily serving customers in the chemical, paint, construction materials and adhesives industries.
Chemical products account for 72% of the Celanese Corporation's sales, followed by engineered polymers (14%), acetates (11%) and performance products (3%).
Polymers from Celanese Corporation's Technical Polymers business in Ticona are used in the automotive, electronics, medical technology and consumer products industries, often replacing metal or glass. Celanese Corporation's Cellulose Acetate Products business segment is one of the world's largest producers of acetate tow, used primarily to make filter products, including filters for cigarettes. Celanese Corporation's Nutrinova food segment business offers performance products, which are used in sweeteners and preservatives in over 100 countries worldwide.
About Cutler Capital Management
Cutler Capital Management, LLC is a growth & income manager that specializes in blending convertible securities with Real Estate Investment Trusts and dividend-paying equity securities. Our strategy generates significant income from interest and dividends, and has the potential for capital appreciation. Historically, Cutler has generated equity-like returns without the risk associated with traditional equity investments.
Cutler Capital currently manages two private investment funds to meet the differing investment goals, tolerance for risk and investment timelines of our clients. In each case, capital from like-minded investors is pooled and invested in a diversified group of convertible securities, REITs and dividend-paying bank stocks.
For performance information and other key features about Cutler's private investment funds please register here.
Private investment funds advised by Cutler Capital Management LLC are not offered or sold to the public. Funds are accessible only to investors who are considered " qualified clients" within the meaning of Rule 205-3 under the Investment Advisers Act of 1940, as amended, who receive a confidential private placement memorandum issued by the fund and who ultimately become parties to the operating agreement governing operation of the fund.
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