Georgia Gulf completes acquisiton of PPG unit, changes name to Axiall

Carrico: Axiall takes second position in VCM. Georgia Gulf completed its $2.1-billion acquisition of PPG’s commodity chemicals business on 28 January and has changed the name of the company to Axiall. Axiall is now trading on the New York Stock Exchange under the ticker symbol AXLL. “This merger of two industry-leading organizations creates an integrated chemicals and building products company well positioned to benefit from North America’s natural gas cost advantage as well as the recovery of the US housing market,” says Paul Carrico...

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