Celanese Corporation Announces Intent to Divest Micromax Business to Accelerate Deleveraging and Cash Generation
Celanese Corporation, a Dallas-based specialty materials and chemicals company, announced its agreement to divest its Micromax® business, which produces advanced electronic inks and pastes used in aerospace, healthcare, transportation, and high-performance electronics. The Micromax division is expected to generate over US $300 million in 2025 revenue, and the sale aligns with Celanese’s ongoing strategy to streamline its portfolio, enhance cash flow, and accelerate debt reduction. The company aims to complete approximately US $1 billion in total divestitures over the next few years as part of its broader deleveraging and growth-focused initiative. 
Celanese Corporation Announces Intent to Divest Micromax Business to Accelerate Deleveraging and Cash Generation