Celanese has completed the acquisition of Nouryon’s redispersible polymer powders business offered under Elotex® brand.
Celanese will also take over all the products under Elotex® portfolio along with all customer agreements, technology and commercial facilities globally.
Strategy to Support VAE Emulsions Business Growth
Celanese will integrate Elotex® product portfolio and production facilities into its global vinyl acetate ethylene (VAE) emulsions business to further meet global product demand. Elotex® has production facilities in these locations:
- Frankfurt, Germany
- Geleen, Netherlands
- Moosleerau, Switzerland
- Shanghai, China
Elotex® is a manufacturer of redispersible polymer powders for growing applications that include:
- Self-leveling flooring and wall texturing smoothing/painting.
- Exterior thermal insulation composite systems (ETICS) that offer exterior walls with an insulated and waterproof surface, applied as a topcoat by trowel or spraying.
- Cement tile adhesives and grouts for floor and wall tiles, mosaic and flat natural stone on dimensionally stable subfloors.
- Gypsum plaster and joint fillers, polymer binding systems, and cement and time-based renders.
Source: Celanese