UPDATE: Celanese Corp. (CE) Tops Q3 EPS by 17c

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Go back to UPDATE: Celanese Corp. (CE) Tops Q3 EPS by 17c

Celanese Corp. (CE) Buys Assets of Cool Polymers, Inc.

October 20, 2014 4:16 PM EDT

Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced the acquisition of substantially all of the assets of Cool Polymers, Inc., based in North Kingstown, R.I. The acquisition will accelerate Celaneses growth in the conductive polymers market by building on Cool Polymers strong product portfolio and technical capabilities. Financial details of the transaction were not disclosed.

Cool Polymers is a leading compounder of conductive polymers. The companys technical capabilities in the LED (light-emitting diode) market will allow for immediate... More