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Celanese buys Italian thermoplastic compounder SOFTER Group

The acquisition will nearly double the number of Celanese global engineered materials product platforms

BS B2B Bureau  |  Forli, Italy 

The US-based technology and specialty materials company Corporation has signed a definitive agreement to acquire Italian SOFTER Group. will acquire SOFTER Group’s comprehensive product portfolio of engineering thermoplastics (ETPs), (TPEs), as well as all customer agreements and all manufacturing, technology and commercial facilities.

The acquisition will nearly double the number of global engineered materials product platforms. Additionally, SOFTER Group’s sophisticated and modern manufacturing facilities and product portfolio will provide a vehicle for additional growth, investment and synergies.

“This is the next step in the evolution of to extend our global leadership position in the engineered materials market. is a leader in the design, development and production of ETPs and TPEs with a fast and flexible customer-oriented business model that will integrate well within the materials solutions core of Celanese,” said Scott Sutton, executive vice president and president of Materials Solutions.

began operations in 1980 in Italy by manufacturing polymeric compounds for the shoe-making industry. Today, the group has approximately 550 employees in Italy, Mexico, Brazil and the US and has 55 production lines across 4 manufacturing facilities in Europe and 4 manufacturing facilities in the Americas. The group’s product portfolio of engineered thermoplastics and includes more than 6,000 SKUs.

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Celanese buys Italian thermoplastic compounder SOFTER Group

The acquisition will nearly double the number of Celanese global engineered materials product platforms

The acquisition will nearly double the number of Celanese global engineered materials product platforms
The US-based technology and specialty materials company Corporation has signed a definitive agreement to acquire Italian SOFTER Group. will acquire SOFTER Group’s comprehensive product portfolio of engineering thermoplastics (ETPs), (TPEs), as well as all customer agreements and all manufacturing, technology and commercial facilities.

The acquisition will nearly double the number of global engineered materials product platforms. Additionally, SOFTER Group’s sophisticated and modern manufacturing facilities and product portfolio will provide a vehicle for additional growth, investment and synergies.

“This is the next step in the evolution of to extend our global leadership position in the engineered materials market. is a leader in the design, development and production of ETPs and TPEs with a fast and flexible customer-oriented business model that will integrate well within the materials solutions core of Celanese,” said Scott Sutton, executive vice president and president of Materials Solutions.

began operations in 1980 in Italy by manufacturing polymeric compounds for the shoe-making industry. Today, the group has approximately 550 employees in Italy, Mexico, Brazil and the US and has 55 production lines across 4 manufacturing facilities in Europe and 4 manufacturing facilities in the Americas. The group’s product portfolio of engineered thermoplastics and includes more than 6,000 SKUs.
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Celanese buys Italian thermoplastic compounder SOFTER Group

The acquisition will nearly double the number of Celanese global engineered materials product platforms

The US-based technology and specialty materials company Corporation has signed a definitive agreement to acquire Italian SOFTER Group. will acquire SOFTER Group’s comprehensive product portfolio of engineering thermoplastics (ETPs), (TPEs), as well as all customer agreements and all manufacturing, technology and commercial facilities.

The acquisition will nearly double the number of global engineered materials product platforms. Additionally, SOFTER Group’s sophisticated and modern manufacturing facilities and product portfolio will provide a vehicle for additional growth, investment and synergies.

“This is the next step in the evolution of to extend our global leadership position in the engineered materials market. is a leader in the design, development and production of ETPs and TPEs with a fast and flexible customer-oriented business model that will integrate well within the materials solutions core of Celanese,” said Scott Sutton, executive vice president and president of Materials Solutions.

began operations in 1980 in Italy by manufacturing polymeric compounds for the shoe-making industry. Today, the group has approximately 550 employees in Italy, Mexico, Brazil and the US and has 55 production lines across 4 manufacturing facilities in Europe and 4 manufacturing facilities in the Americas. The group’s product portfolio of engineered thermoplastics and includes more than 6,000 SKUs.

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Business Standard
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