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Celanese to Sell Additional 19% Nutrinova Stake to Mitsui for $152 Million

Celanese to Sell Additional 19% Nutrinova Stake to Mitsui for $152 Million

MT newswireMT newswire2026/08/31 21:00
05:00 PM EDT, 08/31/2026 (MT Newswires) -- Celanese (CE) said late Monday it has agreed to sell an additional 19% stake in its Nutrinova food ingredients business to Mitsui & Co. for about $152 million. The transaction is part of Celanese's deleveraging efforts and will leave the company with an 11% interest in the joint venture. The deal is expected to close in Q4, the company said. Celanese also agreed to own and operate a diketene production facility in Frankfurt, Germany, for a transitional period before transferring it to Nutrinova.
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