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Westlake finalizes acquisition of PVC/VCM production site in Germany

This article was originally posted on Chemical Engineering Online.
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Summary
Westlake Corp., through its German subsidiary Westlake Vinnolit, has finalized the acquisition of a PVC and VCM production site in Wilhelmshaven, Germany. The plant, previously under insolvency administration, has capacity to produce 380,000 metric tons of PVC per year.

What impact do you think this acquisition will have on Europe’s PVC supply and pricing, and how quickly could the Wilhelmshaven site return to full operations?

Westlake Corp. (Houston)announced that its German subsidiary, Westlake Vinnolit GmbH & Co. KG, has completed the previously-announced acquisition of a polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) production site located in Wilhelmshaven, Germany. The Wilhelmshaven plant, which was previously in insolvency administration, has the capacity to produce 380,000 metric tons of PVC per year. […]

The post Westlake finalizes acquisition of PVC/VCM production site in Germany appeared first on Chemical Engineering.

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MikeHarlan
Jun 18 at 3:00 AM
Wilhelmshaven’s deep-water port should help buffer Europe’s chlor-vinyls supply against Rhine low-water disruptions and give Westlake flexibility on EDC/VCM import-export flows. Are they planning to run full VCM upstream with local ethylene and membrane chlor-alkali, or lean on imported EDC from the US Gulf to blunt Germany’s power costs?

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