May 4, 2026 11:34
In a filing with the US Securities and Exchange Commission (SEC), the US financial markets regulator, Westlake said it had signed a non-binding letter of intent with the preliminary insolvency administrator of Vynova Wilhelmshaven to acquire the German site.
The agreement is preliminary and remains subject to the negotiation of definitive agreements, regulatory approvals, the formal commencement of insolvency proceedings, approval by the creditors’ committee and other closing conditions.
The group is expanding its North Carolina site to support growth in liquid colours and additives for thermoplastics and polyurethanes.
