PITTSBURGH - PPG Industries has completed the previously announced acquisition of certain assets of Equa-Chlor Inc., a producer of chlorine, caustic soda and muriatic acid, based in Longview, WA. The transaction value was approximately $27 million.
As of the closing, PPG acquired and now operates the Longview manufacturing plant, with 65 employees, which produces about 220 tons of chlorine per day. In addition, the railcar fleet formerly owned by Equa-Chlor will be integrated into PPG’s rail delivery system, enabling PPG to optimize overall railcar use while reducing future capital requirements and logistics costs.
PPG Completes Acquisition of Equa-Chlor
May 17, 2011