Westlake to shut Cologne PVC plant in 2027, cut 120 jobs
Westlake plans to close its PVC plant in Cologne in Q1 2027, cutting 120 jobs, and expects $205 million in pre-tax charges.
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Westlake plans to close its PVC plant in Cologne in Q1 2027, cutting 120 jobs, and expects $205 million in pre-tax charges.
US chemical company Westlake NYSE:WLK said on Tuesday it will shut its PVC plant in Cologne, Germany, in the first quarter of 2027, cutting 120 jobs as it shifts production to lower-cost sites.The company also said it expects its third-quarter financial performance to decline sequentially, citing l…