# Celanese acquires Nouryon's Elotex redispersible polymer powder business

Celanese and Nouryon announced they have signed an agreement for Celanese to acquire Nouryon's Elotex brand redispersible polymer powder business, including production facilities in Europe and Asia, products, and customer contracts.

- Type: Acquisition
- Announced: 2024-01-15
- Status: announced
- Products: Elotex redispersible polymer powders
- 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

- [haythink.com](https://www.haythink.com/celanese-will-acquire-noureons-elotex-redispersible-polymer-powder-business/), 2024-01-15: "Acquisition of Elotex, Celanese will directly obtain a series of relatively fast-growing applications and a customer base complementary to our emulsion 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.