COVID Stimulus Watch Individual Entry
Recipient Company:
Celanese US Holdings LLC
Loan or Loan Guarantee Amount:
$1,622,183
Recipient Details
Ownership Structure: publicly traded (ticker symbol CE)
Award Details
Award Date: Sep 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Celanese
Headquartered in: Texas
Parent Sector: chemicals
Parent Industry: chemicals
Employees (prior to pandemic): 7,714
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $843,719
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 97 to 1
CEO Compensation: $6,027,803
Worker Median Pay: $82,366
Total Federal, State, and Local Subsidies: $4,195,101
Federal Corporate Income Tax Rate: -29.5%
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