Celanese bid $11 billion in cash, its largest-ever acquisition, to buy DuPont’s Mobility & Materials Unit, which includes nylon and PBT resins and Vamac and Hytrel elastomers. Celanese officials talked about why they outbid private equity firms for the assets, and why they believe it makes sense to combine the companies’ engineering thermoplastics businesses.
Material Insights: Celanese gives details about purchase of DuPont’s nylon, elastomers
Feb. 22, 2022
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