$250 million for Israeli plastics company

US Celanese Corporation has acquired the nylon compounding product portfolio of Israel’s Nilit Plastics for an estimated $250 million. Nilit, however, will retain ownership of its worldwide nylon fibers and polymerization businesses, including facilities in Israel, US, China, and Brazil.

http://www.globes.co.il/en/article-celanese-buys-israels-nilit-plastics-for-250m-1001175155

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