Celanese completes sale of Polyplastics stake to Daicel

Celanese Corporation completed the sale of its 45% equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion in an all-cash transaction.

“Celanese is well-positioned to continue its growth trajectory as we increase investment in new product development to serve customer demand in growth segments and key geographies.”celanese.com

• 1 source
• celanese.comCELANESE COMPLETES SALE OF POLYPLASTICS, UNLOCKING SHAREHOLDER VALUE THROUGH MONETIZATION OF EQUITY INVESTMENTOct 8, 2020

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