Westlake to close Cologne PVC plant, expects USD 205 million pre-tax charges
Westlake says it will close its Cologne, Germany PVC plant to cut costs amid weak European demand. The closure targets a 165,000-metric-ton annual capacity site, with operations expected to stop in Q1 2027 and pre-tax charges of USD 205 million (USD 100 million cash, USD 110 million recorded in 2026). Westlake also exp