date:Jun 25, 2023
o form a food ingredients joint venture under the name Nutrinova. Celanese will contribute the assets, technology and employees of its Food Ingredients business while retaining a 30% stake in the joint venture. Mitsui will acquire the remaining 70% stake at a purchase price of US$472.5 million. The parties expect to close the transaction in the second half of 2023, pending regulatory approvals.
The UK government says it is radically simplifying trading rules and cutting tariffs on products from