Sinochem International acquires Elix Polymers for €195 million

Sinochem International, a subsidiary of Sinochem Group, acquired Spanish ABS polymer manufacturer Elix Polymers from Sun European Partners for €195 million. The deal gives Sinochem access to Elix's patented ABS technology.

“Sinochem International targeted the acquisition with the intention of introducing Elix's patented ABS technology to the Chinese market and its own product portfolio.”datenna.com

• 1 source
• datenna.comAcquisition of Spain's Elix Polymers grants China critical access to European new materials | DatennaJun 17, 2022

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