NEWS
Ensinger acquires StyLight
Above: The acquisition adds new engineering materials and production to Celanese’s position in automotive and other markets
Celanese buys DuPont engineering plastics
Celanese has reached an agreement to acquire a majority of DuPont’s Mobility & Materials (M&M) business, including the Engineering Polymers business line and some of the Performance Resins and Advanced Solutions business lines, for $11.0bn. This, said Celanese CEO
Lori Ryerkerk, follows a decade of extending its own Engineered Materials (EM) business and “establishes Celanese as the pre-emi- nent global specialty materials company”. DuPont has also agreed to retain and indemnify Celanese for certain liabilities, including those relating to PFAS. Being acquired are a
wide portfolio of speciality materials including PA 66 and PA 6, speciality PAs such as HPPA, LCPA and filaments, PET, PBT, TPC and EAE. Celanese also gains a global production network of 29 facilities, including compounding and poly- merisation, employing about 5,000, an IP portfolio of some 850 patents, and customers and supplier contracts. These materials go mainly into automotive, electrical and electronic, consumer goods and industrial applications. Tom Kelly, Senior VP of Engi- neered Materials said that Celanese will seek to “combine the product and
technology leadership of M&M with the commercial excellence and customer engagement model of EM to accelerate our growth in high-value applications including future mobility, connectivity and medical”. DuPont also aims to divest the Delrin acetal homopoly- mer business, which was included in the strategic review process it announced in November 2021, by the first quarter of 2023. This had net sales of about $550m in 2021. DuPont is retaining M&M’s Auto Adhesives, Multibase and Tedlar product lines, which had $950m in sales in 2021. �
www.celanese.com �
www.dupont.com
Ensinger of Nufringen, Germany, has acquired Ineos Styrolution’s StyLight thermoplastic composite materials business, which was origi- nally launched at the K show in 2016. The business has already been rebranded under Ensinger’s Tecatec composites range name. Ensinger said that the acquisition adds a SAN-based product range to its portfolio, bringing many new possibilities to the market. These include carbon-, glass- and flax-based fibre products for aesthetic materials, and for semi-structural and overmoulding applications. Managing Director
Ralph Pernissak said that this is “the next strategic building block in Ens- inger’s journey to becoming one of the only manufacturers able to offer the complete value chain of thermo- plastic composite products”. �
www.ensingerplastics.com
Molded Dimensions buys GlobalTech Plastics
US-based Molded Dimensions, a manufacturer of custom rubber and urethane moulded parts to OEMs, has acquired GlobalTech Plastics of Fife, Washington, USA. Terms were not disclosed and no jobs will be lost. GlobalTech is an injection moulder
4 INJECTION WORLD | March 2022
specialising in the aerospace, medical and transportation industries. The acquistion, said Molded Dimensions, will help it to broaden its manufacturing capabilities to include plastic moulded parts and components and establish a location on the US
West Coast. The acquisition follows on from Molded Dimensions buying high-vol- ume PUR parts maker PCO Urethane in December 2021. �
www.moldeddimensions.com �
www.globaltechplastics.com
www.injectionworld.com
IMAGE: CELANESE
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