UPDATE 1-Celanese profit beats Street; revenue up 8 percent

* Q4 adj EPS 50 cts vs. Street 47 cts

* Revenue rises 8 percent

NEW YORK Feb 9 (Reuters) - Celanese Corp (CE.N) posted a better-than-expected fourth-quarter profit on Tuesday as demand for its chemical products increased, pushing revenue higher.

The company reported net income of $5 million, or 2 cents per share, compared with a year-earlier loss of $155 million, or $1.09 per share.

Excluding one-time items, including restructuring charges, Celanese posted profit of 50 cents per share.

Analysts expected earnings of 47 cents per share, according to Thomson Reuters I/B/E/S.

Revenue rose 8 percent to $1.39 billion. Analysts expected $1.25 billion. (Reporting by Ernest Scheyder; Editing by Lisa Von Ahn)