Celanese aquires Ashland products
Celanese Corpo?ration, a global tech?nology and specialty mate?rials company and a global leader in emulsion polym?ers, announced it has completed the acquisition of certain assets from Ashland Inc, including two product lines, Vinac? and Flexbond?, which will support the strategic growth of the Celanese Emulsion Polymers busin?ess. Cela?nese announced its agree?ment to acquire the assets in November 2011. ?This acquisition will accelerate the growth of the Emulsion Polymers business in the Americas region,? said Phillip Mc?Divitt, General Manager, Celanese Emu?lsion. ?As we begin integr?ating these businesses into our product portfolio, we look forward to servicing our new customers and wor?king with them to ensure a smooth tran?sition,? he added. Celanese Corpo?ration is a global technology leader in the production of specialty ma?t?erials and chemical pro?ducts which are used in most major industries and consumer applications.