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HOUSTON (Feb. 1, 3:25 p.m. ET) -- Westlake Chemical Corp.’s second offer to buy competitor Georgia Gulf Corp. received the same response as the first did: A resounding “no.”
February 1, 2012
KNOXVILLE, TENN. (Feb. 1, 1:15 p.m. ET) -- A Chicago-based investment firm has acquired high density polyethylene pipe and conduit producer Dura-Line Holdings, formerly known as A-D Technologies.
February 1, 2012
HOUSTON (Jan. 27, 12:30 p.m. ET) -- Window and door manufacturer Atrium Corp. of Dallas has agreed to pay $2 million in forfeited funds to settle a case of employing illegal immigrants.
January 27, 2012
ZANESVILLE, OHIO (Jan. 25, 1 p.m. ET) -- Coll Materials Exchange LLC is adding a second extrusion line at its plant in Waco, Texas, that will double the capacity at that plant to produce railroad ties made completely from recycled plastic for Axion International Holdings Inc.
January 25, 2012
VALLEY FORGE, PA. (Jan. 24, 10:40 p.m. ET) -- CertainTeed Corp announced that it plans to close its vinyl siding and vinyl accessory extrusion operation in Joplin, Mo., by March 30. The firm blamed the slow housing market and a poor outlook for 2012, which has led to a decline in demand for siding products and industry-wide overcapacity.
January 24, 2012
HILLIARD, OHIO (Jan. 24, 4:30 p.m. ET) -- Advanced Drainage Systems, Inc. is opening a new manufacturing plant in Clifford, Mich., to meet the demand for high density polyethylene piping.
January 24, 2012
JEANNETTE, PA. (Jan. 20, 10:35 a.m. ET) -- When Whirlpool Corp. finally closes the doors in the next few months on its Fort Smith, Ark., facility, supplier Huntington Foam LLC will follow suit and shutter its supporting plant. “Most of our [Fort Smith] business is with Whirlpool. It is almost a dedicated facility,” said Gary McLaughlin, president of Huntington Foam, in a telephone interview.
January 20, 2012
MEXICO CITY (Jan. 20, 10:25 a.m. ET) -- Mexican PVC pipe and resins maker Mexichem SAB de CV, which in November made a hostile takeover bid for Dutch counterpart Wavin NV, says it expects sales of $4.3 billion this year, up 13.2 percent from 2011, regardless of whether the Wavin and other potential deals are cemented.
January 20, 2012
VALLEY FORGE, PA. (Jan. 17, 2:30 p.m. ET) – Building products maker CertainTeed Corp. has reduced energy consumption by 15 percent and water usage by 24 percent over the past four years.
January 17, 2012
HOUSTON (Updated Jan. 20, 11:20 a.m. ET) -- Georgia Gulf Corp. has rejected Westlake Chemical Corp.’s $30 per-share acquisition offer -- worth just over $1 billion -- after determining that the proposal was “financially inadequate and not in the best interest of Georgia Gulf shareholders.”
January 17, 2012
MASON, OHIO (Jan. 17, 11:40 a.m. ET) -- Alan H. Koblin has been named president of Clopay Plastic Products Co., a Mason-based maker of specialty films and building products.
January 17, 2012
CLEVELAND (Jan. 16, 12:50 p.m. ET) -- Global demand for plastics processing machinery is projected to rise 6 percent annually through 2015, according to a new market study.
January 16, 2012
BUDAPEST, HUNGARY (Jan. 16, 12:50 p.m. ET) -- Three plastic pipe system manufacturers, two of them leading European players, are suspected of being part of a price fixing cartel operating in Hungary.
January 16, 2012
HOUSTON (Jan. 13, 1 p.m. ET) -- Westlake Chemical Corp. is making an unsolicited run at Georgia Gulf Corp., offering $30 per share in cash for all of Georgia Gulf’s outstanding shares.
January 13, 2012
WILMINGTON, DEL. (Jan. 11, 12 p.m. ET) – DuPont Co.’s building unit that makes Tyvek and Corian products has achieved zero-landfill status, the company said.
January 11, 2012
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