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Celanese Completes Elotex Acquisition

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By: Anthony Locicero

Copy Editor, New York Post, Rodman Media

Celanese Corporation announced it completed the acquisition of Nouryon’s re-dispersible polymer powders business offered under the Elotex brand.

With the completion of the acquisition – having cleared all necessary closing conditions, regulatory and works council requirements – Celanese takes ownership of Nouryon’s global production facilities for re-dispersible polymer powders across Europe and Asia, all products under the Elotex portfolio, and all customer agreements, technology and commercial facilities globally.

Celanese will integrate the Elotex product portfolio and production facilities into its global vinyl acetate-ethylene (VAE) emulsions business to further meet global product demand.

Elotex has production facilities in:

  • Frankfurt, Germany;
  • Geleen, Netherlands;
  • Moosleerau, Switzerland;
  • Shanghai, China

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