Celanese Corporation (NYSE: CE) is expected to benefit from its investments in high-return organic projects, cost and productivity actions and synergies of acquisitions. However, it faces headwinds from weak demand in certain end markets and pricing pressures. The company's shares have gained 14.6% in a year against a 13.3% decline of its industry. Image Source: Zacks Investment Research Let's find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. Acquisitions & Productivity Aid Celanese Celanese's strategic acquisitions have provided it with opportunities for additional growth, investment and synergies. The acquisition of the majority of DuPont's Mobility & Materials ("M&M") business has allowed Celanese to enhance its growth in high-value applications. Celanese expects incremental M&M synergies of at least $150 million during 2024. The acquisitions of SO.F.TER., Nilit and Omni Plastics are also expected to contribute to earnings expansion in the company's Engineered Materials segment. The Elotex acquisition also strengthened the company's position in the vinyl acetate ethylene emulsions space. Moreover, the purchase of Exxon Mobil's Santoprene business broadened the company's portfolio of engineered solutions and enabled it to offer a wider range of functionalized solutions to targeted growth areas, including future mobility, medical and sustainability. Celanese also remains focused on executing its productivity programs including the implementation of several cost-reduction capital projects. ...