ExxonMobil Chemical to sell Santoprene TPV elastomers business to Celanese

ExxonMobil Chemical to sell Santoprene TPV elastomers business to Celanese

ExxonMobil Chemical Company has agreed to sell its global Santoprene TPV elastomers business to Celanese Corporation, a Texas-based chemicals and specialty materials company, for $1.15 billion. The Santoprene business produces TPV, which caters to a range of end-uses that include automotive, appliance, medical, construction, and industrial. A chemically cross-linked, high-performance material, TPV makes use of […]