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Business

Celanese Will Divest Two European Plants

by Michael McCoy
May 27, 2013 | A version of this story appeared in Volume 91, Issue 21

Celanese plans to divest its acetic anhydride facility in Roussillon, France, and its vinyl acetate plant in Tarragona, Spain. The Dallas-based firm says it is seeking industrial buyers that can integrate the facilities into their own manufacturing organizations. The Roussillon site has 30 full-time workers; the Tarragona site has 70. Celanese says it wants to focus on integrated production sites with good economies of scale.

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