en.Wedoany.com Reported - Westlake Corp. (headquartered in Houston, USA) has completed the acquisition of a polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) production base in Wilhelmshaven, Germany. The plant, previously under insolvency administration, has an annual production capacity of 380,000 tons of PVC, and the transaction was executed by its German subsidiary Westlake Vinnolit GmbH & Co. KG.

Westlake President and CEO Jean-Marc Gilson stated that the acquisition expands the company's global vinyl chloride manufacturing footprint, strengthens its performance and essential materials business, and complements its existing vinyl chloride production facilities in Europe and North America. Located in Lower Saxony on the North Sea coast of Germany, the Wilhelmshaven plant benefits from favorable logistics conditions, including a deep-water terminal that supports efficient raw material supply.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com