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re: Rumor. Sasol US around LC to be acquired by Westlake Chemical.

Posted on 5/22/25 at 7:51 am to
Posted by CharleyLake
Member since Oct 2006
1406 posts
Posted on 5/22/25 at 7:51 am to
Maybe thejudge can tell us if it is more than a FEMA roof.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12006 posts
Posted on 5/22/25 at 7:31 pm to
This is not true.

WLK is looking at tough times. Cutting cost. It's not acquiring anything else. It lost big on the Epoxy business. It's going to wait until any new acquisition bottoms out again.

New CEO is focusing on reliability of existing assets. It's a change in focus from the Chaos.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8248 posts
Posted on 5/22/25 at 7:49 pm to
Oh well. No buyout.

Made a modest gain riding SSL up. Sold half. Playing with house money with a stop order.
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