Celanese Acquires Santoprene TPV Elastomers Business from Exxon Mobil

Celanese Acquires Majority of DuPont's Mobility & Materials Business

November 1, 2022

Manufacturing

Celanese Corporation has completed the acquisition of the majority of DuPont’s Mobility & Materials (M&M) business, adding a broad portfolio of engineered thermoplastics, elastomers, global production assets, and industry brands. The strategic purchase establishes Celanese as a leading global specialty materials company and is intended to expand its engineered materials capabilities and growth trajectory.

Technip Energies Acquires Ecovyst's Advanced Materials & Catalysts Business

January 3, 2026

Manufacturing

Technip Energies has completed the acquisition of Ecovyst’s Advanced Materials & Catalysts (AM&C) segment in a transaction reported around $556 million, bringing approximately 330 AM&C employees into Technip. Ecovyst expects net proceeds of about $530 million (using $465 million to pay down term debt), while Technip said the deal expands its catalysts and advanced materials capabilities to support sustainable fuels, circular chemistry and carbon-capture applications.

ExxonMobil Chemical Company Acquires Materia, Inc.

December 7, 2021

Manufacturing

ExxonMobil Chemical Company has acquired Materia, Inc., a Pasadena-based developer of high-performance structural polymers and Nobel Prize‑winning ROMP catalyst technology. The acquisition gives ExxonMobil ownership of Materia’s IP, R&D center in Pasadena and manufacturing facility in Huntsville, Texas, enabling commercial-scale production of Materia’s Proxima polymers for markets including wind energy, electric vehicles and sustainable construction.

Pexco LLC Acquires Performance Elastomers Corporation

December 1, 2021

Manufacturing

Pexco LLC, a PE-backed North American specialty plastics extruder, acquired Performance Elastomers Corporation (PEC), a Ravenna, Ohio-based manufacturer of rubber, silicone and thermoplastic elastomer (TPE) products. The deal — announced December 1, 2021 — expands Pexco's silicone and TPE capabilities and broadens its end-market exposure in mobility, RV, marine and heavy equipment aftermarket segments; PEC owners Art Bowen and Dave Spears sold the business.

Sinochem International (Overseas) Pte. Ltd. Acquires ELIX Polymers from Sun European Partners

January 11, 2019

Manufacturing

Sinochem International (Overseas) Pte. Ltd. has acquired ELIX Polymers, a leading European manufacturer of ABS resins, from an affiliate of Sun European Partners for an enterprise value of €195 million. ELIX — headquartered in Tarragona, Spain — was owned by Sun European Partners since 2012, during which time the PE owner improved operations and materially increased EBITDA prior to the sale.

Trinseo Acquires API Applicazioni Plastiche Industriali S.p.A.

June 15, 2017

Manufacturing

Trinseo (NYSE:TSE) has signed a definitive agreement to acquire API Applicazioni Plastiche Industriali S.p.A., a Mussolente, Italy-based producer of thermoplastic elastomers and bioplastics. The purchase, funded from Trinseo's cash on hand, includes API’s Mussolente manufacturing and research facilities and is expected to close in Q3 2017; API’s management and employees will join Trinseo and the Brunetti family will support the transition.