M&A
confidence high
sentiment positive
materiality 0.75
Westlake completes acquisition of PVC/VCM site in Wilhelmshaven, Germany
WESTLAKE CORP
- Acquired PVC/VCM plant in Wilhelmshaven, Germany, with capacity of 380,000 metric tons of PVC per year (previously in insolvency).
- Acquisition expands Westlake's global chlorovinyls manufacturing footprint, complementing existing EU and NA facilities.
- Site features deep-water dock for efficient raw-material supply; located in Lower Saxony on North Sea coast.
- CEO Jean-Marc Gilson says acquisition strengthens Performance & Essential Materials business; welcomes employees.