Dallas— Celanese has concluded the sale of it atmospheric (vinyl and acrylic) emulsions facility in Tarragona, Spain, to local petrochemical firm IQOXE. The transaction, for which financial details were not disclosed, includes a 25,000-t/y atmospheric emulsions unit and 29 employees. Under a multi-year agreement, IQOXE will produce certain emulsions products for which Celanese will continue to remain the channel to market for Mowilith and Celvolit atmospheric emulsions.
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