ALTIVIA Acquires Axiall's Specialty Phosgene Derivatives Business
February 26, 2015
ALTIVIA has signed a definitive agreement to acquire the Specialty Phosgene Derivatives business and related assets from Axiall Corporation, including the La Porte, Texas chemical production facility. The transaction transfers roughly 120 facility employees to ALTIVIA and is intended to expand ALTIVIA's manufacturing capabilities and global competitiveness in specialty phosgene-derived products used in agricultural, pharmaceutical and industrial applications.
- Buyers
- ALTIVIA
- Targets
- Axiall's Specialty Phosgene Derivatives business
- Sellers
- Axiall Corporation
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Divestiture
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