Home breadcru News breadcru Raw Materials breadcru Georgia Gulf mulls stake in US ethylene plant

Georgia Gulf mulls stake in US ethylene plant

10 Nov '12
1 min read

Georgia Gulf Corporation (GGC), a leading North American manufacturer and international marketer of commodity chemicals as well as polymers, is considering buying a stake in any US-based ethylene plant to meet its raw material requirements.
 
On a conference call to discuss GCC’s earnings in third quarter, Mr. Paul Carrico, CEO of the Atlanta-based company, said GGC has already had discussions about securing a 50 percent stake in an ethylene plant.
 
Mr. Carrico said GGC is willing to invest in an ethylene plant even if it is owned by a group of companies, as the firm’s priority is to ensure adequate raw material supply.
 

Fibre2fashion News Desk - India

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