Westlake Chemical Corporation (NYSE: WLK) announced today that it has completed the previously announced acquisition of Axiall Corporation (NYSE: AXLL) for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities.
For decades, polyvinyl chloride (PVC) has been used in a wide range of medical products. PVC's history of medical use began with replacing the heavy glass and metal packaging previously used to ship and store pharmaceutical products. Over the years, engineers have developed a number of healthcare applications for the material, now a staple in hospitals worldwide.READ MORE
Westlake Chemical Completes Acquisition of Axiall Corporation
Axiall & ICWUC Local #45 Announce Results of Contract Ratification Vote
Axiall Corporation (NYSE: AXLL) and International Chemical Workers’ Union Council Local #45C today announced election results of a collective bargaining agreement at its Eagle Natrium LLC subsidiary, which operates as Axiall Natrium, chemicals facility located in Marshall County, W.Va.
Axiall Reports Second-Quarter 2016 Results
Axiall Corporation (NYSE: AXLL) today announced financial results for the quarter ended June 30, 2016. The company reported net sales of $776.1 million for the second quarter of 2016, compared to net sales of $869.2 million for the second quarter of 2015.
Axiall and Lotte Chemical Hold LACC Ethane Cracker Groundbreaking Ceremony
LACC LLC, the joint-venture company formed by Axiall Corporation (NYSE: AXLL) and Lotte Chemical Corporation (KOSPI: 011170) of the Republic of Korea, today held a groundbreaking ceremony at its Calcasieu Parish, La. construction site.