Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Celanese sells off Pemeas

January 9, 2006 | A version of this story appeared in Volume 84, Issue 2

Fueled Up
[+]Enlarge
Credit: Pemeas Photo
Pemeas makes fuel-cell components in Somerset, N.J., and Frankfurt, Germany.
Credit: Pemeas Photo
Pemeas makes fuel-cell components in Somerset, N.J., and Frankfurt, Germany.

Celanese has sold its stake in fuel-cell-technology company Pemeas to Pemeas' other shareholders. Celanese had sold much of Pemeas in 2004 to private equity firms. Then last year, Celanese announced its intention to divest the rest of its shares. Also last year, Celanese sold to InterTech its business in polybenzimidazole, the polymer used in Pemeas' proton-exchange membranes.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.