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US Westlake completes takeover of Axiall

by ChemOrbis Editorial Team -
  • 01/09/2016 (16:41)
According to a press release on the company’s website, US Westlake Chemical completed the acquisition of Axiall Corporation in exchange for approximately $3.8 billion, including debt and certain other Axiall liabilities.

Following the closure of the transaction, the combined company will be the third-largest chlor-alkali producer and the second-largest PVC producer in North America, according to the press release.
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