Georgia Gulf announces revenue estimate, new name

axiall: Georgia Gulf to fade away after PPG deal closes. Georgia Gulf (Atlanta) on 14 January announced preliminary financial results for 2012. The producer of chlorovinyls and aromatics also revealed plans to change its name to Axiall once the $2.1-billion acquisition of PPG’s commodity chemical business has been completed. Georgia Gulf expects to report net sales of approximately $3.3 billion for 2012, about 3% higher than 2011, and adjusted Ebitda of $330–340 million. The company, which is expected to close on the PPG acquisition later this month...

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