ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Mexichem Continues Acquisition Spree

by Alexander H. Tullo
August 25, 2014 | APPEARED IN VOLUME 92, ISSUE 34

Mexican polyvinyl chloride resin and pipe maker Mexichem has agreed to purchase Dura-Line, a producer of high-density polyethylene pipe, for $630 million from the investment firm CHS Capital. Knoxville-based Dura-Line makes products for conduit, duct, and pressure pipe applications. The company, which has annual sales of roughly $700 million, has facilities in North America, Europe, India, and South Africa. Mexichem hopes to tap into Dura-Line’s presence in markets such as telecommunications and energy. Mexichem has been acquisitive of late. Earlier this month, the company agreed to buy Vestolit, Europe’s sixth-largest PVC maker, for $290 million.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment