Celanese to sell Polyplastics joint venture to Daicel Corp.
Celanese Corp. has reached a definitive agreement to sell its 45-percent equity investment in the Polyplastics joint venture to Daicel Corp. 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 last […]
Pelican Energy Partners acquires Noralis
Pelican Energy Partners LP has acquired Noralis Inc. as part of the Gordon Technologies LLC platform of companies providing measurement while drilling products and services to the directional drilling sector of the oil and gas industry. The capital investment in Noralis facilitates further acceleration of new product development. Noralis will continue to operate independently as […]
