# Westlake Vinnolit signs LOI to acquire PVC production site from Vynova Wilhelmshaven

Westlake Vinnolit, a German subsidiary of Westlake, signed a non-binding Letter of Intent to acquire the PVC production site of Vynova Wilhelmshaven, including approximately 350 employees, subject to regulatory approvals and insolvency proceedings.

- Type: Acquisition
- Announced: 2026-05-04
- Where: Wilhelmshaven, Germany, Germany
- Jobs: 350
- Status: announced
- Products: PVC, VCM
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Westlake Corp](https://endata.com/companies/13545.md) (acquirer)
- [Westlake Vinnolit](https://endata.com/companies/91685.md) (acquirer)
- [Vynova Wilhelmshaven](https://endata.com/companies/91686.md) (target)
- [Westlake Vinnolit GmbH & Co. KG](https://endata.com/companies/91812.md) (acquirer)

## Sources

- [mainsights.io](https://www.mainsights.io/ma-news/german-pvc-supplier-westlake-vinnolit-agrees-to-acquire-pvc-production-site-from-vynova-wilhelmshaven), 2026-05-04: "Westlake Vinnolit, a German subsidiary of the US-based chemical corporation Westlake (publ.), signed a non-binding Letter of Intent to acquire the PVC production site and its approximately 350 employees, subject to regulatory approvals and insolvency proceedings."
- [polimericanews.com](https://www.polimericanews.com/articolo.asp?id=846), 2026-05-04: "Westlake said it had signed a non-binding letter of intent with the preliminary insolvency administrator of Vynova Wilhelmshaven to acquire the German site."
- [conseil-concurrence.ma](https://conseil-concurrence.ma/en/press-release-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-acquisition-of-exclusive-control-by-the-company-westlake-corporation-through-i/), 2026-05-07: "The Competition Council received notification of a concentration project consisting of the acquisition of exclusive control by the company 'Westlake Corporation' of the production facilities and certain assets of the company 'VYNOVA Wilhelmshaven GmbH'."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.