IHS Chemical Week

People & Business :: M&A

Westlake closes purchase of CertainTeed's PFG business

2:47 PM MDT | May 1, 2013 | Clay Boswell

Westlake (Houston) has completed its previously announced $175-million acquisition of CertainTeed's pipe and foundation group (PFG) business. The business provides specialty polyvinyl chloride (PVC) pipe, fittings and foundations to the building products, agricultural, mining, municipal and other industrial markets. “These new products, technologies, and a broader market reach will increase our ability to service our customers' needs and further differentiate the value of our vinyls integration strategy,” says Albert Chao, president and CEO of...

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