Westlake Completes Acquisition of Dimex
Company expands its building products business with a leading recycled plastic materials processor Acquisition supports Westlake’s growth trajectory and meeting its ESG commitments Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Dimex LLC, from Grey Mountain Partners, a private equity firm. “The acquisition of Dimex underscores our longstanding commitment to stewardship of the environment and recycling, and to taking actions that contribute to a sustainable, circular economy,” said Robert Buesinger, Executive Vice President, Vinyl Products of Westlake Chemical Corporation. “We are at an important societal inflection point where consumers prefer and are willing to pay for products made with recyclable materials. Dimex produces a variety of consumer products made from post-industrial-recycled polyvinyl chloride, polyethylene and thermoplastic elastomer materials, which will make this transaction an important piece of Westlake’s growth