ATLANTA--(BUSINESS WIRE)--Feb. 16, 2016-- Axiall Corporation today confirmed that it has received notice from Westlake Chemical Corporation of its intent to nominate ten director candidates to stand for election to Axiall’s Board of Directors.
Westlake Significantly Expands its Presence in the Growing North American Home Construction Materials Markets by Acquiring Boral’s North American Building Products Businesses
- Westlake Chemical Corporation will acquire Boral Ltd.’s North American building products businesses for $2.15 billion
- Acquisition will nearly double Westlake’s building products business by adding leading brands in the premium roofing; siding, trim and shutters; decorative stone; and windows business in North America
- Additional product lines will broaden Westlake’s footprint into the fast-growing housing markets in North America
Westlake Chemical Corporation (NYSE: WLK) today announced that it has entered into a definitive agreement with Boral Industries Inc., a wholly owned subsidiary of Boral Limited (ASX: BLD), under which Westlake will acquire Boral’s North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction.
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01/28/2016
Axiall Rejects Unsolicited Proposal From Westlake
ATLANTA--(BUSINESS WIRE)--Jan. 29, 2016-- Axiall Corporation (NYSE: AXLL) today confirmed that it has rejected an unsolicited and conditional proposal from Westlake Chemical Corporation (NYSE: WLK) to acquire all of the outstanding common shares of Axiall.
12/16/2015
Axiall and Lotte Chemical Announce Louisiana Ethane Cracker Final Investment Decision
Axiall Corporation (NYSE: AXLL) and Lotte Chemical Corporation (KOSPI: 011170) of the Republic of Korea today announced that the companies have reached a final investment decision to construct an ethane-based ethylene plant in Lake Charles, LA.
11/18/2015
Axiall Board of Directors Names Timothy Mann, Jr. President & CEO
The board of directors of Axiall Corporation (NYSE: AXLL) today appointed Timothy Mann, Jr. as the company’s president and chief executive officer, a position to which he was named on an interim basis on July 6, 2015.
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