Celanese Corporation Reports Second Quarter 2022 Earnings; Reaffirms Full Year 2022 Outlook

The Company generated net sales of $2.5 billion in the second quarter, a 2 percent decrease from the prior quarter and a 13 percent
increase over the same quarter of 2021. Pricing increased 2 percent sequentially, the seventh consecutive quarter of pricing
expansion, and partially offset a 2 percent decrease in volume and a 2 percent unfavorable currency impact. Celanese
successfully mitigated continued cost inflation as well as unanticipated interruptions in raw material supply in the U.S. Gulf
Coast to deliver second quarter consolidated operating profit of $483 million and adjusted EBIT of $646 million.