Celanese Completes Acquisition of Ashland Product Lines
DALLAS– Celanese Corp. has completed the acquisition of certain assets from Ashland Inc., including two product lines, Vinac® and Flexbond®, which will support the strategic growth of the Celanese Emulsion Polymers business. Terms were not disclosed. Celanese announced its agreement to acquire the assets in November 2011.
“This acquisition will accelerate the growth of the Emulsion Polymers business in the Americas region,” said Phillip McDivitt, General Manager, Celanese Emulsion Polymers.