TAGS: PVC, Plasticizers and Sustainability
Westlake Chemical Corporation has completed the previously announced acquisition of NAKAN™, a global compounding solutions business.
Combination of NAKAN with Westlake’s Existing Compounding Business
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| Westlake Chemical Corporation has completed the acquisition of NAKAN |
“The combination of NAKAN with Westlake’s existing compounding business represents an excellent strategic fit. It will allow us to expand our compounding business globally and add important specialty products and technology to our existing portfolio,” said Albert Chao, president and chief executive officer of Westlake Chemical Corporation.
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NAKAN brings an impressive business with an outstanding reputation for meeting customer needs with superior technology, product quality, and operating excellence. We are pleased to welcome their talented team into the Westlake family of companies.”
Expansion of Business
With this combination, Westlake’s compounding business now has facilities worldwide in China, France, Germany, Italy, Japan, Mexico, Spain, the United States and Vietnam, as well as a world-class research facility in France and several application laboratories.
NAKAN offers
PVC specialty compounds dedicated to Automotive Interior soft parts: pellets, powder, paint and ink for the ultimate decoration.
NAKAN’s products are used in a wide-variety of applications, including:
- Automotive
- Building and construction
- Medical industries
Source: Westlake Chemical