Issue Date: May 19, 2008
Georgia Gulf Closes PVC Unit
Polyvinyl chloride maker Georgia Gulf has closed its 500 million-lb-per-year polyvinyl chloride facility in Oklahoma City, in response to declining demand. The company has also idled production at its 450 million-lb Sarnia, Ontario, plant. Georgia Gulf has been on the skids since it purchased Canadian building products firm Royal Group for about $1.6 billion in 2006, just months before the U.S. housing market started to decline.
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