Westlake Acquires Hexion's Global Epoxy Business for ~$1.2B

Westlake Chemical Acquires Hexion's Epoxy Business

February 1, 2022

Manufacturing

Westlake Chemical Corporation completed the acquisition of Hexion's epoxy-based Coatings and Composite businesses (the "Epoxy Business") for approximately $1.2 billion. The transaction transfers Hexion's epoxy specialty resins, base epoxy resins and intermediates product lines to Westlake; Hexion will continue to operate its Adhesives and Versatic Acids and Derivatives product lines following the divestiture.

American Securities Acquires Hexion Holdings

March 15, 2022

Manufacturing

Affiliates of American Securities LLC completed a take-private acquisition of Hexion Holdings Corporation for $30.00 per share in cash. Hexion, a Columbus, Ohio–based global producer of adhesives and thermoset resins with approximately $1.9 billion in 2021 net sales, 26 manufacturing facilities and ~1,300 employees, will be operated under American Securities to support its next phase of growth.

Westlake Chemical Acquires Boral's North American Building Products Businesses

October 1, 2021

Building Products

Westlake Chemical Corporation completed the acquisition of Boral Limited's North American building products businesses (roofing; siding, trim and shutters; decorative stone; and windows) for $2.15 billion in an all-cash transaction. The deal roughly doubles Westlake's building-products portfolio, adds approximately 4,600 employees across 29 manufacturing sites in the United States and Mexico, and broadens Westlake's product lines and geographic footprint in the North American housing and light commercial markets.

Westlake Corporation Acquires ACI/Perplastic Group's Compounding Solutions Business

January 5, 2026

Manufacturing

Westlake Corporation has completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group (collectively, "ACI"). The deal expands Westlake Global Compounds' manufacturing footprint into Portugal, Romania and Tunisia (adding to Mexico) and brings new specialty products and advanced technologies to Westlake's Housing & Infrastructure Products business.

Meridian Adhesives Group Acquires E-Chem

July 3, 2020

Building Products

Meridian Adhesives Group has acquired E-Chem, a New Mexico-based designer and manufacturer of epoxy polymer products for concrete. E-Chem will join Meridian’s Infrastructure Division to expand Meridian’s presence in the infrastructure and concrete rehabilitation markets and leverage Meridian’s distributor network and resources to accelerate product development and market penetration.

Westlake Chemical Acquires Dimex LLC from Grey Mountain Partners

September 13, 2021

Manufacturing

Westlake Chemical Corporation has completed the acquisition of Dimex LLC from Grey Mountain Partners. The purchase adds Dimex’s recycled-plastics compounding and manufactured products (landscape edging, matting, marine edging, masonry joints) and approximately 300+ employees in Marietta, Ohio to Westlake’s sustainable product portfolio.