ATLANTA, Dec 22, 2013 (BUSINESS WIRE) --Axiall Corporation announced today that the cause of a Dec. 20 fire that occurred in the vinyl chloride manufacturing area of the company’s Lake Charles chemicals complex in Louisiana remains under investigation. The company also is working with outside engineering firms to assess the damage to the structure and the impact on production. The remainder of the Lake Charles facility was unaffected by the fire, and production continues as normal in those areas.
- Company completes acquisition of Boral Limited’s North American building products businesses for $2.15 billion
- Adds leading brands in premium roofing; siding, trim and shutters; decorative stone; and windows
- Additional product lines will broaden Westlake’s footprint into the fast-growing housing and light commercial markets in North America
- Combination brings opportunity to offer more sustainable products to housing materials market
Westlake recently completed the acquisition of Boral Limited’s North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction.
Axiall Provides Update on Fire at Lake Charles, Louisiana, Chemicals Facility
Axiall Comments on Fire at Lake Charles, Louisiana, Chemicals Facility
ATLANTA--(BUSINESS WIRE)--Dec. 20, 2013-- Axiall Corporation announced that today at approximately 1:40 p.m. Central time, a fire occurred in the vinyl chloride manufacturing area of the company’s Lake Charles chemicals complex in Louisiana. The fire was extinguished at approximately 2:38 p.m. Central time. There were no injuries to plant personnel.
Axiall Selects Louisiana as Site of Contemplated Ethylene Cracker
ATLANTA--(BUSINESS WIRE)--Dec. 19, 2013-- Axiall Corporation (NYSE: AXLL) today announced that the company has selected the state of Louisiana as the location of a possible world-scale ethylene cracker to be built in conjunction with a related derivatives plant. Axiall proposes to construct the facility with a soon-to-be-named partner, and Axiall’s contemplated capital investment in the project would be approximately $1 billion. Axiall expects to finance its portion of the investment with a combination of new debt and cash on hand.
Axiall Board of Directors Declares Quarterly Dividend
ATLANTA--(BUSINESS WIRE)--Dec. 10, 2013-- The Board of Directors of Axiall Corporation (NYSE: AXLL) today declared a regular quarterly dividend of 16 cents per share of common stock. The dividend is payable January 10, 2014, to shareholders of record at the close of business on December 27, 2013.