AcquisitionsJun 15, 2026, 04:52 PM
Westlake Completes Acquisition of German PVC and VCM Production Site
AI Summary
Westlake Corporation announced that its wholly owned subsidiary, Westlake Vinnolit GmbH & Co. KG, has completed the acquisition of a polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) production site in Wilhelmshaven, Germany. This acquisition expands Westlake's global chlorovinyls manufacturing capacity, adding a plant with a production capacity of 380,000 metric tons of PVC per year. The company highlighted the strategic benefits of the Wilhelmshaven plant's location and logistical infrastructure.
Key Highlights
- Westlake Vinnolit GmbH & Co. KG, a wholly owned subsidiary, completed the acquisition.
- The acquisition is for a polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) production site.
- The acquired site is located in Wilhelmshaven, Germany.
- The Wilhelmshaven plant has the capacity to produce 380,000 metric tons of PVC per year.
- The acquisition expands Westlake's global chlorovinyls manufacturing footprint.
- The plant benefits from advantageous logistical infrastructure, including a deep-water dock.
Price Impact
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