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Mergers & Acquisitions

Westlake to buy another PVC construction products firm

by Alexander H. Tullo
June 26, 2021 | A version of this story appeared in Volume 99, Issue 24
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Moving further downstream into polyvinyl chloride (PVC) goods, Westlake Chemical will buy the North American building product business of Australia’s Boral for $2.15 billion. The Boral unit has about $1 billion per year in sales of roofing, siding, trim, shutters, windows, and decorative stone. Westlake already makes about $1.4 billion worth of PVC building products annually. That business secures much of its raw material from Westlake’s PVC resin business, the second-largest PVC producer in the world, behind Japan’s Shin-Etsu Chemical.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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