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Westlake Chemical closes Nakan deal

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Westlake Chemical closes Nakan deal

Westlake Chemical Corp. completed the acquisition of compounding solutions business Nakan from private equity firm OpenGate Capital LLC.

Following the deal, Westlake's compounding business has facilities in China, France, Germany, Italy, Japan, Mexico, Spain, the U.S. and Vietnam, as well as a research facility in France and several application laboratories.