Celanese to Purchase Next Polymers, An India-Based ETP Compounder

摘要

Mumbai-Celanese said it has signed a definitive agreement to acquire Next Polymers, one of India's "largest" domestic engineering thermoplastics (ETP) compounders. Next Polymers, based in Mumbai, has an approximate 20,000-t/y compounding production facility in Silvassa. The transaction, for which a value was not disclosed, is expected to be completed in the first quarter of 2019, pending customary closing conditions.