Celanese sells Nadir Filtration GmbH
Celanese AG announced today it has sold Nadir Filtration GmbH, Wiesbaden, to KCS Industrie Holding AG, Vienna, retroactively as of January 1, 2001.
Subsequent to the sale, the company will continue to operate at the Wiesbaden site. The companies have agreed not to disclose details of the transaction.
Nadir Filtration, which formerly belonged to Celgard, manufactures and markets flat sheet membranes and filter elements for separation applications. As previously announced, Celgard LLC, the U.S. business, was sold to Daramic, Inc., South Carolina, in December 1999.
Celanese AG is a global chemicals company with leading positions in its key products and world class process technology. The Celanese portfolio consists of five main businesses: Acetyl Products, Intermediates, Acetate Products, Technical Polymers Ticona and Performance Products. The Performance Products business consists of oriented polypropylene films (OPP), sweeteners and food ingredients.
Celanese generated sales of around € 5.2 billion in 2000 and has about 13,200 employees. The company has 30 production plants and six research centers in 11 countries mainly in North America, Europe and Asia. Celanese AG shares are listed on the Frankfurt stock exchange (stock exchange symbol CZZ) and on the New York Stock Exchange (symbol CZ).
KCS Industrie Holding, which is headquartered in Vienna, develops and markets high-tech industrial plant. In 2000, the company generated sales of €60 million with 180 employees.
Other news from the department business & finance
These products might interest you
Spinsolve Benchtop NMR by Magritek
Spinsolve Benchtop NMR
Spinsolve is a revolutionary multinuclear NMR spectrometer that provides the best performance
Eclipse by Wyatt Technology
FFF-MALS system for separation and characterization of macromolecules and nanoparticles
The latest and most innovative FFF system designed for highest usability, robustness and data quality
HYPERION II by Bruker
FT-IR and IR laser imaging (QCL) microscope for research and development
Analyze macroscopic samples with microscopic resolution (5 µm) in seconds
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
