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Jun 23, 2017ACQUISITION

Celanese to merge acetate tow business with Blackstone

Celanese and its former private equity owner Blackstone are merging Celanese's acetate tow business. The projected sales of the combined entity exceed USD 1 billion.

Status

Announced

Productsacetate tow

CompaniesCelanese Blackstone Group partner

Sectors#Specialty Chemicals

“Merger of acetate tow business with Blackstone / Projected sales of over USD 1 bn”plasteurope.com

1 source
plasteurope.comCELANESE: Merger of acetate tow business with Blackstone / Projected sales of over USD 1 bn | Plasteurope.comJens HartmannJun 23, 2017

Summarized from public sources; check the original articles before acting on it.

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Celanese to merge acetate tow business with Blackstone · Endata