Celanese Corporation (CE) has agreed to sell a 19% stake in its Nutrinova food ingredients joint venture to Mitsui & Co. for approximately $152 million in cash, reducing its holding from 30% to 11% upon completion of the transaction. This move aims to reduce debt and help the company achieve its goal of generating $1 billion from asset divestitures by the end of 2027. The transaction is expected to close in the fourth quarter.