# 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.

- Type: Acquisition
- Announced: 2019-01-14
- Where: Tarragona, Spain
- Value: $224.0M (195.0M EUR)
- Status: completed
- Capacity: 180,000 t/y ABS
- Products: ABS resins, ABS derivatives
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sun European Partners](https://endata.com/companies/3040.md) (investor)
- [ELIX Polymers](https://endata.com/companies/32349.md) (target)
- [Sinochem](https://endata.com/companies/36668.md) (acquirer)

## Sources

- [k-online.com](https://www.k-online.com/en/Media_News/News/ELIX_Sale_of_ABS_manufacturer_complete_China_s_Sinochem_pays_EUR_195m), 2019-01-14: "The acquisition of Elix Polymers has been completed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.