# Westlake to acquire Hexion's global epoxy business for $1.2B

Westlake Chemical Corporation announced it has entered into a definitive agreement to acquire Hexion Inc.'s global epoxy business for approximately $1.2 billion. The business, based in Rotterdam, produces specialty resins, coatings and composites for wind turbine blades and automotive components.

- Type: Acquisition
- Announced: 2022-08-26
- Where: Rotterdam, Netherlands, Netherlands
- Value: $1.20B
- Status: announced
- Products: epoxy resins, coatings, composites
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hexion](https://endata.com/companies/22326.md) (partner)
- [Westlake Chemical](https://endata.com/companies/23414.md) (acquirer)

## Sources

- [tittlepress.com](https://tittlepress.com/business/1922568/), 2022-08-26: "Westlake Chemical Corporation today announced that it has entered into a definitive agreement with Hexion Inc. to acquire Hexion's global epoxy business for approximately $1.2 billion"

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