Celanese to sell polyplastics JV for $1.575B
Celanese Corporation has reached a definitive agreement to sell its 45 percent equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion. Following the completion of the transaction, Daicel will own 100 percent of Polyplastics. “Celanese has been investing in and rapidly growing our base business in Engineered Materials globally over the […]
