{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Celanese Completes Divestiture of Micromax\u00ae Business - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"cWadW7sozR\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/celanese-completes-divestiture-of-micromax-business\/\">Celanese Completes Divestiture of Micromax\u00ae Business<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/celanese-completes-divestiture-of-micromax-business\/embed\/#?secret=cWadW7sozR\" width=\"600\" height=\"338\" title=\"&#8220;Celanese Completes Divestiture of Micromax\u00ae Business&#8221; &#8212; Market Newsdesk\" data-secret=\"cWadW7sozR\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"Celanese Completes Divestiture of Micromax\u00ae Business DALLAS&#8211;(BUSINESS WIRE)&#8211; Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, today announced that it has completed the divestiture of the Micromax\u00ae business to Element Solutions Inc (NYSE: ESI). Celanese received approximately $500 million in cash from the transaction, and the proceeds will be deployed to support the Company\u2019s deleveraging efforts. \u201cWe are pleased to have completed the divestiture of the Micromax business in a value-accretive way that strengthens our balance sheet,\u201d said Scott Richardson, President and Chief Executive Officer of Celanese. \u201cThis transaction represents our commitment to advancing our strategic priorities of cash generation and deleveraging, while enabling the Micromax team to continue building on its strong foundation as part of &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260202983594r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"}