Westlake Chemical Corp., Houston, closed last month on the Georgia-based Boral Building Products business, whose assets include Cultured Stone and Eldorado Stone precast concrete veneer brands. Concurrently, the Westlake Innovations subsidiary has announced an alliance with Nexii Building Solutions Inc., Vancouver, B.C. to support the construction of buildings with a reduced environmental footprint. The latter company promotes portland cement-free Nexiite,…
Read MoreTag: Westlake Chemical Corp
Boral North America liquidation spawns new veneer stone, tile leader
Precast concrete veneer brands Cultured Stone and Eldorado Stone, along with sister Boral Roofing (concrete) and US Tile (clay roofing) businesses, are part of a Boral North America Building Products asset package that Australian parent company Boral Ltd. has agreed to sell Houston-based Westlake Chemical Corp. for $2.15 billion. “This transaction will bring well-established and high-quality architectural solutions and premium…
Read MoreBoral winds down North American portfolio, Resources sole asset
Sources: Boral Ltd., North Sydney, Australia; CP staff; Westlake Chemical Corp., Houston Precast concrete veneer brands Cultured Stone and Eldorado Stone, along with sister Boral Roofing (concrete) and US Tile (clay roofing) businesses, are part of a Boral North America Building Products asset package that parent company Boral Ltd. has agreed to sell Westlake Chemical in $2.15 billion cash deal.
Read More