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Georgia Gulf Corp., Altanta, GA, has merged with with PPG Industries’ commodity chemicals business, creating the new entity Axiall Corp. (NYSE: AXLL).
The newly-integrated chemicals and building products company will be "well-positioned to benefit from North America’s natural gas cost advantage as well as the recovery of the U.S. housing market,” said Paul Carrico, president and chief executive officer.
Axiall is an international manufacturer of chlor-alkali and derivatives, chlorovinyls and aromatics products including chlorine, caustic soda, vinyl chloride monomer, chlorinated solvents, calcium hypochlorite, ethylene dichloride, muriatic acid, phosgene derivatives, polyvinyl chloride, vinyl compounds, cumene and phenol. It also manufactures vinyl-based building and home improvement products.