Westlake Corporation Shuts Down Key Chlorovinyl and Styrene Plants
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Westlake Corporation plans to shut down several North American chlorovinyl and styrene plants due to challenging market conditions. The closures include PVC, VCM, and styrene plants, incurring non-cash charges of $357 million and additional shutdown costs. The company aims to support affected employees and continue supplying customers from remaining facilities. This information was published by Westlake via the SEC's EDGAR system.
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