CELANESE
Acquisition of Indian compounder Next Polymers completed
 Next Polymers' plant in Silvassa is located about 160 km north of Mumbai (Photo: Next Polymers) |
Celanese (Dallas, Texas / USA; www.celanese.com) announced at the beginning of January 2019 that it has completed the acquisition of engineering thermoplastics compounder Next Polymers (Mumbai, Maharashtra / India; http://nextpolymers.co.in) – see Plasteurope.com of 17.10.2018. The purchase price was not disclosed.
"This acquisition complements our rapidly growing India business," said Celanese COO Scott Sutton. Next Polymers has a compounding capacity of 20,000 t/y at its production site in Silvassa, which is a town within the small union territory of Dadra and Nagar Haveli.
"This acquisition complements our rapidly growing India business," said Celanese COO Scott Sutton. Next Polymers has a compounding capacity of 20,000 t/y at its production site in Silvassa, which is a town within the small union territory of Dadra and Nagar Haveli.
16.01.2019 Plasteurope.com [241498-0]
Published on 16.01.2019
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