HOUSTON — A Westlake Chemical Corp. subsidiary will acquire the parent company of Dimex LLC from Grey Mountain Partners, a private equity firm. Based in Marietta, Ohio, Dimex produces a variety of consumer products made from post-industrial-recycled polyvinyl chloride, polyethylene and thermoplastic elastomer materials, and has annualized sales of approximately $100 million. The proposed transaction is expected to close in 2021.

“Westlake’s pending acquisition of Dimex underscores the company’s longstanding commitment to stewardship of the environment and recycling and to taking actions that contribute to a sustainable, circular economy,” said Robert Buesinger, executive vice president for vinyl products of Westlake Chemical Corp.

For more information, visit www.westlake.com or https://dimexcorp.com.