Westlake Chemical to buy PVC maker Vinnolit for ~$667M


Westlake Chemical (WLK) agrees to acquire German polyvinyl chloride maker Vinnolit Holdings and subsidiary companies for €490M ($667M) from P-E firm Advent International.

Vinnolit has six production facilities located in Germany and the U.K. with a combined annual capacity of 780K metric tons of PVC, 665K metric tons of vinyl chloride monomer and 475K metric tons of membrane grade caustic soda; the company generated €917M in revenue during 2013.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs