Celanese acquired Nouryon’s redispersible polymer powders business: the advisors
Celanese Corporation, a global chemical and specialty materials company, acquired Nouryon’s redispersible polymer powders business offered under the Elotex brand. As part of the transaction, Celanese acquired all respective production facilities across Europe and Asia, all products under the Elotex portfolio, as well as all customer agreements, technology and commercial facilities globally. By acquiring Elotex – which has production facilities in these locations Frankfurt (Germany), Geleen (Netherlands), Moosleerau (Switzerland) and Shanghai (China) – Celanese will have direct access to fast-growing applications and a customer base that is complementary to Celanese’s emulsions business.