Mutares SABIC Engineering Thermoplastics Acquisition Creates New Materials Powerhouse

Mutares SABIC Engineering Thermoplastics acquisition was confirmed through a definitive agreement under which Mutares SE & Co. KGaA will acquire SABIC’s regional Engineering Thermoplastics business across the Americas and Europe. The deal, valued at USD 450 million in enterprise value, is scheduled to close in the second half of 2026, subject to customary regulatory approvals.
This landmark Mutares SABIC Engineering Thermoplastics acquisition is the largest transaction in Mutares’ corporate history and formally launches its new strategic vertical named Chemicals & Materials. Through this move, Mutares significantly expands beyond its traditional portfolio into high-performance polymers that are essential for multiple industrial and automotive applications.
Mutares SABIC Engineering Thermoplastics acquisition expands global production footprint
The acquired engineering thermoplastics platform brings a substantial industrial base with approximately 1,085 kilotons of resin production capacity and around 780 kilotons of compounding capacity. Operations are supported by about 2,900 employees and eight manufacturing sites spread across the Americas and Europe, giving Mutares a truly transatlantic materials footprint.
This scale positions the business among the largest regional engineering thermoplastics suppliers, enabling it to serve global customers with consistent quality, localized production, and flexible supply chains across major automotive and industrial hubs.
High-value polymer portfolio strengthens market positioning
The transaction includes a comprehensive portfolio of engineering thermoplastics used in demanding applications across multiple sectors. Key materials and compounding lines include:

• Polycarbonates (PC)

• Polybutylene Terephthalate (PBT)

• Acrylonitrile Butadiene Styrene (ABS)

These materials are widely used in lightweight automotive components, electrical connectors, consumer electronics housings, medical devices, and construction systems, making the platform a strategic fit for long-term industrial growth.
Revenue scale and diversified customer base
The business generates approximately USD 2.5 billion in annual revenue and serves a well-diversified set of end markets, reducing dependence on any single industry. Revenue distribution is structured as:

• Automotive – 39 percent

• Building and Construction – 20 percent

• Consumer Products – 17 percent

• Electrical and Electronics – 10 percent

• Healthcare – 3 percent

Geographically, around 66 percent of revenues come from the Americas, while Europe contributes 34 percent, providing Mutares with balanced exposure across two of the world’s most important manufacturing regions.
With its combination of scale, product depth, and geographic reach, the newly acquired business gives Mutares a powerful platform to drive value creation in advanced materials while supporting growing demand from automotive, electronics, and industrial customers worldwide.