Investment Summary

Westlake Invests In Suzhou Huasu Plastics

On June 1, 2015, Westlake invested in plastics company Suzhou Huasu Plastics from INEOS ChlorVinyls Holdings B.V.

Investment Highlights
  • This is Westlake’s 2nd transaction in the Plastics sector.
  • This is Westlake’s 1st transaction in China.

Investment Summary

Date 2015-06-01
Target Suzhou Huasu Plastics
Sector Plastics
Investor(s) Westlake
Sellers(s) INEOS ChlorVinyls Holdings B.V.
Deal Type Stake Purchase

Target

Suzhou Huasu Plastics

Taicang, China
Suzhou Huasu Plastics Co. Ltd. operates a PVC resin production plant, along with specialty film and window profile operations.

Search 205,240 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Westlake

Houston, Texas, United States

Category Company
Founded 1986
Sector Chemicals
Employees15,520
Revenue 12.5B USD (2023)
DESCRIPTION
Westlake Chemical's corporate headquarters in Houston, Texas.
Westlake Chemical's corporate headquarters in Houston, Texas.

Westlake manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. Westlake was founded in 1986 and is based in Houston, Texas.


DEAL STATS #
Overall 4 of 10
Sector (Plastics) 2 of 4
Type (Stake Purchase) 1 of 2
Country (China) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-28 Vinnolit KG

Ismaning, Germany

Vinnolit is Germany’s leading PVC producer for the building, automobile and medical industries; one of the most important manufacturers in Europe and the tenth largest worldwide. Vintron was a complementary business supplying raw materials used by Vinnolit.

Buy $490M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-10 Axiall

Atlanta, Georgia, United States

Axiall Corp. is an integrated chemicals and building products company. Axiall has manufacturing facilities located throughout North America and in Asia to provide industry-leading materials and services to customers.

Buy $3.8B

Seller(S) 1

SELLER

INEOS ChlorVinyls Holdings B.V.

Zoetermeer, Netherlands

Category Company
Sector Plastics
DESCRIPTION

INEOS ChlorVinyls Holdings, B.V. is a manufacturer and supplier of polyvinyl chloride (PVC) resins and products.


DEAL STATS #
Overall 1 of 1
Sector (Plastics) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2015) 1 of 1