Dow Completes Acquisition of Celanese Acrylates Business
MIDLAND, MI - The Dow Chemical Co. has completed the acquisition of Celanese AG's acrylates business, a deal that includes Celanese's acrylates-production assets at Clear Lake, TX, and a product line that includes crude acrylic acid, glacial acrylic acid, ethyl acrylate, butyl acrylate, methyl acrylate, and 2-ethylhexyl acrylate. Terms of the transaction were not disclosed.
In addition to the Clear Lake plant, the acquisition includes the technology of Celanese's Boehlen, Germany, plant. Dow also operates acrylates facilities at the Union Carbide St. Charles Operations in Louisiana.