Business & Tech

Celanese Buys Cool Polymers Assets

Celanese Corp. said Monday that it has acquired all of the assets of Cool Polymers, Inc., a North Kingstown company.

Celanese Corp. acquired all of the assets of Cool Polymers, Inc., a compounder of conductive polymers.

RTTNews reported that financial details of the deal were not disclosed.

The acquisition will accelerate Celanese’s growth in the conductive polymers market by building on Cool Polymers’ product portfolio. The company’s technical capabilities in the LED market will allow for immediate customer growth while continuing to advance Celanese’s engineered materials business across thermal management and electrical conductivity polymer applications.

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