Axiall
Public | |
Traded as | NYSE: AXLL |
Industry | Chemical |
Predecessor | Georgia Gulf Corporation |
Founded | 2013 |
Headquarters | Atlanta, Georgia, USA |
Revenue | US$ 2.8 billion (2010) |
Number of employees | 6,214 (2007) |
Website | www.axiall.com |
The Axiall Corporation has historically been a major manufacturer and marketer of chlorovinyls (caustic soda, chlorine, VCM, EDC, PVC resins, PVC rigid and flexible compounds) and aromatics (acetone, cumene, phenol).[1] With the acquisition of Royal Group Technologies the company is now also a major producer of building materials ranging from piping and siding to window profiles, decking, and fencing.
The company operates 47 locations in numerous states such as Mississippi, Louisiana, Oklahoma, Michigan, Tennessee, and Texas, and is headquartered in Atlanta, Georgia. As of November, 2007 the company employed 6,214 full-time individuals.[2]
The Georgia Gulf Corp. became the Axiall Corp. with the completion of its $2 billion acquisition of PPG Industries Inc.'s chlor-alkali and derivatives business in 2013.
In 2014, Axiall entered a joint venture with Shriram Polytech India, forming Shriram Axiall. The two companies partnered together "to provide a technological thrust to the PVC offering for different industries".
Aug. 31, 2016—Westlake Chemical Corporation (NYSE:WLK) announced that it has completed the $3.8 billion acquisition of Axiall Corporation (NYSE: AXLL). The combined company will be the third-largest chlor-alkali producer and the second-largest polyvinyl chloride (PVC) producer in North America.
Notes and references
- ↑
- ↑ Georgia Golf Corporation official website- About Us Archived July 31, 2007, at the Wayback Machine., gcc.com.