is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Celanese set to acquire German LFT maker Fact

Article-Celanese set to acquire German LFT maker Fact

Celanese Corporation (Dallas, TX) announced it would close a deal to acquire the long-fiber reinforced thermoplastics (LFT) business of Fact GmbH (Future Advanced Composites Technology, Kaiserslautern, Germany) on December 31, 2009,

Celanese stated in a release that the acquisition will support the company’s Advanced Engineered Materials business segment, specifically Ticona Engineering Polymers, by building on Ticona’s LFT process technology and broadening product offerings. It also will improve the capability to grow with customers through the addition of a new production site in Kaiserslautern, Germany.

Roland Polet, VP of Ticona, said, “This acquisition will grow the company’s Celstran product line, expand industry coverage, and combine development capabilities of both companies to serve increasingly demanding customer and segment expectations in the automotive industry and in general industrial applications.”

Celstran is Ticona’s brand of LFT, which it markets as a metal replacement alternative with weight and cost advantages. Application areas include the automotive, electrical/electronics, sports gear, and leisure market sectors.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.