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Celanese sells 19% Nutrinova JV stake to Mitsui for USD 152 million

PUBT·08/31/2026 20:30:53
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Celanese sells 19% Nutrinova JV stake to Mitsui for USD 152 million
  • Celanese signed a deal to sell an additional 19% of its Nutrinova food ingredients joint venture to Mitsui for about $152 million cash.
  • Transaction would cut Celanese’s stake to 11%, monetizing an interest that generated about $4 million of equity earnings in 2025.
  • Proceeds earmarked for debt reduction, supporting a target of $1 billion in divestiture proceeds by end-2027.
  • Closing expected in the fourth quarter, subject to customary legal and regulatory conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Celanese Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202608311630BIZWIRE_USPR_____20260831_BW424617) on August 31, 2026, and is solely responsible for the information contained therein.