Concluding its ongoing strategic review, Hexion Holdings has agreed to sell its epoxy-based Coatings and Composite businesses to Westlake Chemical for about $1.2 billion...
02.10.2018
- US petrochemicals and plastics producer Westlake has made an exclusive binding offer of about $265 million in cash to buy Nakan, a French compounding business that is owned by...
22.02.2018
- Petrochemicals and plastics producer Westlake Chemicals will expand VCM and PVC capacities at three of its plants located in Germany and the US. The projects will add approximately...
18.10.2017
- German PVC producer Vinnolit has announced plans to expand capacities for chlorine and vinyl chloride monomer (VCM) at its site in Gendorf. The company, which has been part of the...
13.06.2016
- Westlake Chemical has won the race to acquire compatriot Axiall Corp for $2.33 billion – or $33 per share. The US petrochemical and plastics group based in Houston, Texas clinched...
25.05.2016
- A proxy fight between US vinyls producer Westlake and rival Axiall, a vinyl building products company, may be averted following Axiall’s stated desire to consider another offer...
03.02.2016
- North America’s largest producer of vinyl building products Axiall, based at Atlanta, Georgia, USA, has rejected a $1.4 billion bid from rival US vinyls producer Westlake...
01.08.2014
- US-based Westlake Chemical has completed its acquisition of German PVC producer Vinnolit from private equity investor Advent International, making it by its own calculation world's...
