# 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.

- Type: Acquisition
- Announced: 2022-06-17
- Where: Spain
- Status: completed
- Products: ABS resins, thermoplastic polymers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sun European Partners](https://endata.com/companies/3040.md) (partner)
- [Sinochem International](https://endata.com/companies/28738.md) (acquirer)
- [ELIX Polymers](https://endata.com/companies/32349.md) (target)

## Sources

- [datenna.com](https://datenna.com/blog/the-acquisition-of-elix-polymers), 2022-06-17: "Sinochem International targeted the acquisition with the intention of introducing Elix's patented ABS technology to the Chinese market and its own product portfolio."

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