# Celanese to acquire Nouryon's redispersible polymer powders business

Celanese Corporation signed an agreement to acquire Nouryon's redispersible polymer powders business (Elotex brand), including global production facilities in Europe and Asia, technology, and commercial facilities.

- Type: Acquisition
- Announced: 2020-01-29
- Where: Europe and Asia
- Status: announced
- Products: redispersible polymer powders (Elotex)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Nouryon](https://endata.com/companies/8020.md) (target)
- [Celanese](https://endata.com/companies/10711.md) (acquirer)

## Sources

- [celanese.com](https://www.celanese.com/news-and-media/2020/january/celanese-to-acquire-nouryons-redispersible-polymer-powders-business), 2020-01-29: "Celanese Corporation and Nouryon today announced they have signed an agreement for Celanese to acquire Nouryon’s redispersible polymer powders business offered under the Elotex® brand."
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Nouryon-buys-cellulose-business-sells/98/i6), 2020-02-07: "Celanese says the acquisition will enable it to leverage its acetyl chemicals supply chain."
- [eog-asia.com](https://www.eog-asia.com/celanese-to-acquire-nouryons-redispersible-polymer-powders-business/), 2020-02-11: "By acquiring Elotex, Celanese will have direct access to a relatively fast-growing applications and a customer base that is complementary to our emulsions business."

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