Celanese acquisition of Nouryon's Elotex redispersible polymer powders business

Overview:

• Celanese, a New York stock exchange-listed specialty materials and technology company, is to acquire Nouryon's global redispersible polymer powders business Elotex. 
• Headquartered in Amsterdam, Nouryon is a global specialty chemicals company. 
• The transaction, which includes the acquisition Elotex's production and manufacturing facilities in Germany, the Netherlands, Switzerland and China, is expected to close in the second quarter of 2020. 

Natasha Forrest - Researcher