MarketWatch
Exxon Mobil is selling its global Santoprene business to Celanese for $1.15 billion
Exxon Mobil Corp. said Wednesday it is selling its global Santoprene business to Celanese Corp. for $1.15 billion. Santoprene is a vulcanized polymer alloy that is used in washing machines, dryers, dishwashers, refrigerators, small appliances and floorcare. The sale includes two manufacturing sites in Pensacola, Florida and Newport, Wales, along with associated product, laboratory equipment, administration buildings, control systems and documentation and IP, Exxon said in a statement. The deal i
