Headquartered in Evansville, Indiana, with offices in Mexico City, Omni Plastics specializes in the customization of a variety of thermoplastic engineering projects. "Scott Sutton, Celanese COO, said:" The acquisition strengthens the U.S. Of the composite capacity to promote the growth of Celanese's sustainable diversified consumer base and further enhance our global base assets.
Celanese plans to integrate Omni Plastics' thermoplastic composite product assembly and manufacturing capabilities into Celanese's engineering materials business with several product grades that are UL listed, FDA compliant, NSF compliant, and post process Materials manufacturing, has been the car manufacturers, electrical manufacturers and other original equipment manufacturers quality certification.
Celanese expects to complete the deal by the first quarter of 2018 and is currently awaiting the much-needed acquisition conditions and regulatory approvals that are routinely required. The financial details of the deal are not yet disclosed. Until the close, Celanese and Omni Plastics Will continue to operate as an independent company.