◂ Announcements

Jan 14, 2019ACQUISITIONTarragona, Spain

Sinochem completes acquisition of Elix Polymers for EUR 195 million

Sinochem completed the acquisition of Elix Polymers, a Spanish producer of ABS resins and derivatives, from Sun European Partners for an enterprise value of EUR 195 million.

Value

$224.0M (195.0M EUR)

Status

Completed

Capacity

180,000 t/y ABS

ProductsABS resinsABS derivatives

CompaniesSun European Partners investor ELIX Polymers target Sinochem acquirer

Sectors#Plastics and Polymers

“The acquisition of Elix Polymers has been completed.”k-online.com

1 source
k-online.comELIX: Sale of ABS manufacturer complete / China's Sinochem pays EUR 195mJan 14, 2019

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

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Sinochem completes acquisition of Elix Polymers for EUR 195 million · Endata