The EU Commission approves the acquisition of the materials arm of the world’s largest chemical company by a rival materials company, subject to divestments (Celanese / DuPont)

Mergers: Commission approves Celanese's acquisition of DuPont's Mobility and Materials Business, subject to conditions* The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of DuPont's Mobility and Materials Business by Celanese. The approval is conditional on full compliance with commitments offered by Celanese. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Celanese and Dupont's Mobility and Materials business compete head to head in the supply of thermoplastic copolyester, an essential input for the automobile sector. With their transaction, they would have a combined

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  • European Commission - DG COMP (Brussels)

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European Commission, The EU Commission approves the acquisition of the materials arm of the world’s largest chemical company by a rival materials company, subject to divestments (Celanese / DuPont), 11 October 2022, e-Competitions October 2022, Art. N° 109124

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