Celanese Corp. (CE) to Acquire Nouryon's Redispersible Polymer Powders Business

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Celanese to Acquire Nouryon’s Redispersible Polymer Powders Business

January 30, 2020 8:30 AM EST

Acquisition Marks Critical Step in Celaneses Acetyl Core Derivatization Strategy and Supports Continued Growth of VAE Emulsions Business

DALLAS & AMSTERDAM & SHANGHAI--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, and Nouryon today announced they have signed an agreement for Celanese to acquire Nouryons redispersible polymer powders business offered under the Elotex® brand (Elotex business). As part of the acquisition, Celanese will acquire all of Nouryons global production facilities for redispersible polymer powders across Europe and Asia, all products under the Elotex portfolio,... More