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In 2014, Westlake acquired the German polyvinyl chloride manufacturer Vinnolit. [8] In 2016, Westlake acquired U.S. chlor-alkali producer Axiall Corporation for US$3.8 billion. [9] In June 2021, Westlake purchased the United States building products business of Boral for $2.2 billion. [10] [11] In 2022, W. took over Hexion's epoxy division. [12]
Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). [1] In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. [ 2 ]
Chao later formed Westlake Chemical Corporation in 1986 in Texas, Titans Chemical Corporation in 1988, which was the first and largest petrochemical company in Malaysia, and Suzhou Huasu Plastics Co. Ltd in 1992. [4] His son, James Y. Chao, is currently chairman of Westlake Chemical. His second son, Albert Chao, is president and CEO.
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Let’s talk about the popular Westlake Chemical Corporation (NYSE:WLK). The company’s shares saw a double-digit share price rise of over 10% in the past couple of months on the NYSE.Read More...
From January 2008 to December 2012, if you bought shares in companies when C. A. Lance Piccolo joined the board, and sold them when he left, you would have a 21.8 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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In the early 2010s the group became the primary backer of the Formosa Ha Tinh Steel Corporation, a large iron and steel works in Vietnam. FPG was responsible for a serious discharge of toxic pollution from one of its steel complexes. The release resulted in an estimated 115 tons of dead fish washing ashore in Vietnam.