MOSCOW (MRC) -- Westlake Chemical company’s WLK unit - Royal Building Products - has completed the acquisition of DaVinci Roofscapes, L.L.C., according to MarketScreener.
DaVinci has a leadership position as a supplier of premium composite siding and roofing. The company operates from Lenexa, KA. Moreover, it has a solid reputation for addressing customer needs with superior product quality, technology and operating excellence.
Notably, its products will continue to be sold under the DaVinci brand. The buyout complements Royal Building’s existing premium products such as Celect, Zuri and Cedar Renditions.
"We are very excited about the addition of DaVinci, which brings an impressive business with a strong leadership position in the composite roofing industry," said Scott Szwejbka, vice president - exteriors. "DaVinci has an outstanding reputation for meeting customer needs with superior technology, product quality, and operating excellence. We are pleased to welcome this talented team into the Westlake family."
As MRC informed previously, Westlake Chemical Corporation has recently announced that it will expand capacities for the production of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) at three of its chemical facilities. Two of the plants are located in Germany (Burghausen, Gendorf) and one is located in Geismar, Louisiana. The expansions in Burghausen and Geismar are expected to be completed in 2019. The Gendorf expansions are expected to be completed in 2020 and 2021.
Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, polymers and building products with headquarters in Houston, Texas. The company's range of products includes: ethylene, polyethylene, styrene, propylene, chlor-alkali and derivative products, PVC suspension and specialty resins, PVC Compounds, and PVC building products including siding, pipe, fittings and specialty components, windows, fence, deck and film.
Royal Building Products, a Westlake Chemical company (NYSE: WLK), manufactures and distributes leading materials for the home remodeling, building and construction markets. For nearly 50 years, the company’s commitment to quality, innovation and customer relationships has attracted the loyalty of a growing number of building professionals, homeowners, architects, engineers and distributors to its products. With operations throughout Canada and the United States, Royal Building Products offers the renovation, remodeling and new construction industries a broad range of innovative products including siding, trim, accessories, soffit, rainware, mouldings and decking.