Mexican chemical company acquires BRITISH vinyl producer VCHL

PVC resin and pipeline maker Mexichem has acquired Vinyl Compounds Holdings Ltd. (VCHL), the terms of which were not disclosed.mexican chemical company held a press conference on November 28th, saying the acquisition would "provide us with the opportunity to enter new regions and new end markets." VCHLChinley, England, manufactures PVC blends for pipes, profiles, footwear and consumer products with annual sales of approximately $40 million.。 VCHL's stabilizer technology and recycled PVC capacity will help Mexican chemical companies integrate their resin mixture business., president of the resin mixture business of mexican chemical company Sameer Bharadwaj, said the deal was in line with Mexico Chemical's strategy of "strengthening" acquisitions, expanding the range of specialty products, providing a platform for future growth and enhancing return on investment.reported that in the 12 months since September 30 last year, Mexican chemical company's vinyl business sales were $2 billion. The company employs more than 18,000 people in 30 countries and its shares have been traded on the Mexican stock exchange for 30 years, with annual sales of $5.7 billion.
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