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.

The transaction would cut Celanese’s stake to 11%, monetizing an interest that generated about $4 million of equity earnings in 2025.

Proceeds are earmarked for debt reduction, supporting a target of $1 billion in divestiture proceeds by end-2027.

Closing is expected in the fourth quarter, subject to customary legal and regulatory conditions.