Celanese will buy Italian compounder | Chemical & Engineering News
Volume 94 Issue 42 | p. 14 | Concentrates
Issue Date: October 24, 2016

Celanese will buy Italian compounder

Department: Business
Keywords: polymers, compounds, mergers and acquisitions

Engineering polymers maker Celanese is buying Italy’s SO.F.TER. Group, a privately owned compounder of engineering plastics and thermoplastic elastomers. Terms of the deal weren’t disclosed. SO.F.TER. employs 550 people and operates eight plants across Brazil, Italy, Mexico, and the U.S. Celanese has been expanding its polymer compounding business, recently adding materials such as nylon and polyether ether ketone.

Chemical & Engineering News
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