Westlake closes acquisition CertainTeed’s Pipe Foundation business

Westlake closes acquisition of CertainTeed’s Pipe and Foundation business

7:01 AM, 2nd May 2013
Westlake closes acquisition of CertainTeed’s Pipe and Foundation business

HOUSTON, US: Westlake Chemical Corporation has closed the previously announced acquisition of CertainTeed Corporation’s Pipe and Foundation Group (PFG) business effectively. The PFG acquisition includes the PVC pipe, fittings, profiles and foundation business and associated facilities in Lodi, California and McPherson, Kansas with production capacity of approximately 150 million pounds per year.

“We are pleased to have closed this important strategic acquisition and to welcome the former CertainTeed PFG business employees to the Westlake and North American Pipe team. This acquisition enhances our North American Pipe and building products portfolio by adding specialty product lines and supporting technology that we do not currently have. These new products, technologies, and a broader market reach will increase our ability to service our customers’ needs and further differentiate the value of our vinyls integration strategy,” said Albert Chao, President and CEO, Westlake Chemical Corporation.

© WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

KBR to provide services to Invista’s manufacturing facility in Texas, US

HOUSTON, US: KBR was awarded a contract by Invista, a global nylon producer, to provide construction services for their next-generation manufacturing ...

Read more
ICA Fluor bags DuPont’s titanium dioxide plant contract in Gulf of Mexico

IRVING, US: ICA Fluor, the industrial construction joint venture of Empresas ICA SA B de CV and Fluor Corporation, announced a contract award for th ...

Read more
Mitsubishi Rayon, Daicel to produce acetate tow for cigarette filtres

TOKYO, JAPAN: Mitsubishi Rayon Co Ltd (MRC) and Daicel Corporation concluded a contract in August 2012 to establish a joint venture for the producti ...

Read more
Wrinkle-free, odour resistant shirt invented, stays for 100 days without washing

  WASHINGTON, US: Manufacturers have claimed that they have invented a shirt that stays clean even after 100 days of wear. The garment resists o ...

Read more
BASF to establish R&D centre for electronic materials in Korea

HONG KONG, CHINA/SEOUL, KOREA: BASF, the world’s leading chemical company, will establish a new regional research and development centre for e ...

Read more
IMCD opens office in Bangkok, Thailand

ROTTERDAM, THE NETHERLANDS: IMCD Group, a leading speciality chemicals and food ingredients distributor, opens an office in Bangkok, Thailand. IMCD ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X